---
title: "Alibaba Plans HK$80 Billion Share Placement to Fund AI Expansion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296700572.md"
description: "Alibaba Group announced a proposed HK$80 billion share placement to non-U.S. investors to fund the expansion of its full-stack AI capabilities, including infrastructure. The offering complies with Hong Kong listing rules and Regulation S, with no U.S. public offering. Proceeds will be allocated entirely to AI development. Alibaba cautioned that completion is not assured. Analysts maintain a 'Buy' rating with a HK$205 price target."
datetime: "2026-08-23T10:37:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296700572.md)
  - [en](https://longbridge.com/en/news/296700572.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296700572.md)
generator: "portal-rs"
---

# Alibaba Plans HK$80 Billion Share Placement to Fund AI Expansion

The latest announcement is out from Alibaba Group Holding Ltd. ( (HK:9988) ).

Alibaba Group Holding Limited has announced a proposed placing of newly issued ordinary shares to certain non-U.S. investors outside the United States, targeting aggregate proceeds of HK$80 billion subject to market and other conditions. The placing, conducted under its general mandate and in compliance with Hong Kong listing rules, will involve shares offered in offshore transactions under Regulation S and will not be registered or publicly offered in the U.S.

The company plans to allocate 100% of the net proceeds from this capital raise to expand and enhance its full-stack AI capabilities, including AI infrastructure, underscoring its ambition to extend global leadership in artificial intelligence. Alibaba cautioned that there is no assurance the proposed placing will be completed and advised shareholders and potential investors to exercise care when dealing in its securities pending further announcements.

The most recent analyst rating on (HK:9988) stock is a Buy  
 with a HK$205.00 price target.  
 To see the full list of analyst forecasts on Alibaba Group Holding Ltd. stock,  
 see the HK:9988 Stock Forecast page. 

**More about Alibaba Group Holding Ltd.**

Alibaba Group Holding Limited is a leading Chinese technology conglomerate operating across e-commerce, cloud computing, digital media and financial technology, with its shares listed in Hong Kong and American depositary shares trading on the New York Stock Exchange under the symbol BABA. The company is increasingly focused on artificial intelligence, positioning its full-stack AI infrastructure and services as a core driver of future growth in global digital markets.

**Average Trading Volume:** 101,794,558

**Technical Sentiment Signal:** Hold

**Current Market Cap:** HK$2358.5B

Learn more about 9988 stock on TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**