Alibaba Group Holding Ltd. launched its latest AI video generation model Wan3.0 on Monday, capable of generating 30-second videos from documents, spreadsheets, slides, and web pages, following a $10 b…
Alibaba Group Holding Ltd. reported a 75% drop in net income for the quarter ended June 30, 2026, and announced a HK$80bn ($10.2bn) share placement in Hong Kong to fund AI investment, the largest prim…
Alibaba Group Holding Ltd. priced a placement of 710 million new Hong Kong-listed shares at HK$112.70 each, raising HK$80 billion (US$10.21 billion), with the transaction expected to close on Aug. 26.…
Alibaba Group Holding Ltd. is raising £7.5bn through a Hong Kong share sale of 710 million new shares at £10.54 each, the largest-ever primary follow-on offering by a Hong Kong-listed company, to fund…
Alibaba Group Holding Ltd. announced plans to raise HK$80 billion (US$10.2 billion) through new share placements, with all proceeds earmarked for artificial intelligence infrastructure, while CCSH Cor…
Chinese technology stocks fell on Monday as Alibaba Group Holding Ltd. raised HK$80 billion ($10.2 billion) in Hong Kong's biggest secondary share sale, and Yangtze Memory Technologies Co. filed for a…
Alibaba Group Holding Ltd. shares plunged 10% after the company priced a $10.2 billion share placement to fund its artificial intelligence investments.…
Alibaba Group Holding Ltd. priced a HK$80 billion (US$10.2 billion) new share offering, issuing 710 million shares at an 8.4% discount to its Hong Kong closing price and a 3.6% discount to its New Yor…
Alibaba Group Holding Ltd. shares fell 8% in early Hong Kong trade on Monday after the company finalized a HK$80 billion ($10.21 billion) share placement at HK$112.70 per share, pricing 710 million ne…
Alibaba Group Holding Ltd. cut its share repurchases by roughly 80% in the June 2026 quarter, buying back 13.4 million ordinary shares (1.7 million ADSs) for US$162 million versus 56 million ordinary …
Alibaba Group Holding Ltd. launched a HK$80 billion ($10.2 billion) share placement on Sunday to fund artificial intelligence-related development, marking the largest-ever primary follow-on offering b…
Michael Burry, founder of Scion Capital Management, said he sold his position in Alibaba Group Holding Ltd., calling the shares overvalued, and disclosed plans to build a 'large' position in JD.com In…
Alibaba Group Holding Ltd. announced a $10.2 billion share placement in Hong Kong, its largest-ever equity offering, to fund full-stack AI capabilities including custom chips, data centers, and AI mod…
Alibaba Group Holding Ltd. is seeking to raise about HK$80 billion ($10.2 billion) from a share sale of 710 million shares at HK$112.7 each, a 3.6% discount to Friday's close, to fund its AI expansion…
Alibaba Group Holding Ltd. announced on Sunday (Aug 23) a proposed placement of new shares in Hong Kong with an aggregate consideration of HK$80 billion (US$10.2 billion), which would mark the largest…
Alibaba Group Holding Ltd. announced a proposed Hong Kong share placement worth HK$80 billion ($10.2 billion) to fund its AI infrastructure spending, after reporting a 76% drop in net income to RMB10.…
Alibaba Group Holding Ltd. shares fell 7% to $121.17 on Friday as investors repriced the cost of its AI infrastructure buildout, despite cloud revenue rising 45% to 48.44 billion yuan ($7.2 billion) i…
Alibaba Group Holding Ltd. reported on August 20, 2026 that its AI Cloud and Compute Services revenue rose 45% in the June quarter to RMB48.44 billion ($7.14 billion), the fastest growth in 22 quarter…
Alibaba Group Holding Ltd. increased its capital expenditure by 75% to build AI infrastructure despite a 76% drop in quarterly net income, while releasing open-source Qwen3-8B and Qwen3-27B models tha…
Alibaba Group Holding Ltd. reported a 75% drop in quarterly profit for the April-to-June quarter as it increased spending on artificial intelligence infrastructure, with capital expenditure jumping 75…