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Alibaba plans to raise HK$80 billion in a new share sale to fund its AI push. The offering would be the world’s third-largest primary follow-on this year, highl

BWB News TV • 2026-08-23 11:46 UTC • By Billy Odell Tucker-Robinson
Alibaba plans to raise HK$80 billion in a new share sale to fund its AI push. The offering would be the world’s third-largest primary follow-on this year, highl
Alibaba plans to raise HK$80 billion in a new share sale to fund its AI push. The offering would be the world’s third-largest primary follow-on this year, highlighting how big tech is tapping equity markets to finance AI expansion.
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