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China International Capital Corp.

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07:35
2026-08-23
ca.finance.yahoo.com
artificial-intelligence

Alibaba Seeks $10 Billion From Share Sale for AI Expansion

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…

00:14
2026-07-17
ca.finance.yahoo.com
artificial-intelligence

China AI Stocks’ 1000%-Plus Profit Gain May Fail to Revive Rally

China's AI companies are poised to deliver robust earnings, with some along the chip supply chain flagging profit surges exceeding 1,000%, but elevated expectations after a months-long rally have made…

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