BABA-W (09988) completed the placement of 710 million new shares, raising approximately HKD 79.7 billion.
Alibaba-W (09988) announced that it completed the placement of 710 million new shares on August 26, 2026, at a placement price of HKD 112.70 per share, raising approximately HKD 79.7 billion. The funds are intended to further consolidate Alibaba's global leadership in AI and invest in full-stack AI capabilities.
BABA-W (09988) announced that it has completed the placement of 710 million new shares on August 26, 2026, at a placing price of HKD 112.70 per share, raising approximately HKD 79.7 billion, which will be used to further strengthen Alibaba's position as a global leader in AI and to invest in full-stack AI capabilities.
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