Share Placement News

China and Hong Kong stock markets experienced a sharp decline on Monday, primarily driven by technology shares. This downturn followed Alibaba's $10.2-billion s

Alibaba shares dropped by as much as 10% after the company announced a $10.2 billion share placement to fund its AI expansion, raising dilution concerns and int

Alibaba's stock slumped in Hong Kong after it finalized a HK$80 billion ($10.21 billion) share placement at an 8.4% discount. The company stated the funds are i

Alibaba proposes a $10 billion share placement to fund its global AI expansion, aiming to invest the proceeds into its full-stack AI capabilities and infrastruc

Alibaba has announced a $10.2 billion share placement, signaling increased investment in AI by Chinese companies, following the positive reception of its Qwen 3

MiniMax CEO Yan Junjie has pledged to forgo his salary until artificial general intelligence (AGI) is achieved, while also planning to transfer personal shares