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Alibaba shares fall 8% after $10 billion Hong Kong share sale
Aug 24 : Alibaba shares fell 8 per cent in early Hong Kong trade on Monday after the tech company finalised a HK$80 billion ($10.21 billion) share placement at HK$112.70 apiece, in a deal aimed at funding artificial intelligence-related development.The Chinese e-commerce and cloud computing company priced 710
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Breaking | Alibaba to issue HK$80 billion in new shares for global AI push
The Chinese tech giant announced it will issue HK$80 billion in new shares to fully fund its global AI push.
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Developing | Alibaba to issue HK$80 billion in new shares for global AI push
The Chinese tech giant announced it will issue HK$80 billion in new shares to fully fund its global AI push.
