Alibaba Plans HK$80 Billion Share Placement to Fund AI Expansion
Alibaba Group Announced Proposed Placing of New Shares in Hong Kong | BABA Stock News
Top 5 HK Stock Gainers/Losers (>100B) (8.21)
Huatai Securities Sticks to Its Buy Rating for Alibaba Group Holding Ltd. (9988)
Weekly Recap | Alibaba -3.61%, profit miss drags on stock
Weekly Recap | BABA-W +0.65%, cloud growth dazzles but profit slides
$BABA-W(09988.HK)Ready for a very red Monday !
On August 23, 2026, Alibaba Group announced a proposed HK$80 billion (US$10.2 billion) equity placement of newly issued ordinary shares in Hong Kong. This massive primary follow-on offering marks the largest-ever primary follow-on offering by a Hong Kong-listed company and ranks as the world’s third-largest primary follow-on share sale of 2026.
Alibaba is selling approximately 710 million ordinary shares priced at HK$112.70 per share.
$Alibaba(BABA.US) is out of the water, and caramel popcorn is waving at me! Oh my god! It's Saturday.
Alibaba’s 9% revenue beat looks encouraging, but net income fell as heavy AI CAPEX weighs on profits. That’s a bet on future growth, not a problem yet—but returns still need to prove themselves. I’d hold if already invested, but stay on the sidelines rather than chase the stock now.
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