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Alibaba sells $10B of stock as chairman and CEO buy shares to signal confidence
Alibaba raised $10.2 billion in Hong Kong's largest follow-on share sale for AI investment. Chairman Tsai and CEO Wu bought $15.3 million in
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cryptobriefing.com
Alibaba plans massive HK$80 billion share placement in Hong Kong
Alibaba Group plans to raise approximately HK$80 billion through a new share placement in Hong Kong targeting non-US investors, its largest
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scmp.com
Alibaba to issue US$10 billion in new shares for global AI push
The Chinese tech giant is expanding beyond retail into chips, cloud and large language models as surging spending weighs on quarterly profits.
