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Alibaba Raises Record HK$80 Billion in Hong Kong Secondary Stock Sale

This story is from 2026-08-24. It is preserved in the archive; the latest stories are on the live feed.

Alibaba raised HK$80 billion (US$10.2 billion) in a record Hong Kong secondary stock sale, pricing shares at HK$112.70, as it boosts investment in artificial intelligence.

Read the full story at South China Morning Post Tech ↗

Timeline · 1 report

  1. 2026-08-24 09:09 · South China Morning Post Tech
    Alibaba’s record stock sale adds to Hong Kong tech flood

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