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Shares Slide After $10.2 Billion AI Share Sale Offered at Sharp Discount","url":"https://stock-news.laohu8.com/highlight/detail?id=2661429702","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661429702?lang=en_us&edition=fundamental","pubTime":"2026-08-24 10:13","pubTimestamp":1787537627,"startTime":"0","endTime":"0","summary":"UPDATE 3-Alibaba shares slide after $10.2 billion AI share sale offered at sharp discountHONG KONG/SHANGHAI, Aug 24 (Reuters)-China's Alibaba9988.HKshares slumped in Monday Hong Kong trade after it 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Placement to Fund AI Development","url":"https://stock-news.laohu8.com/highlight/detail?id=2661426842","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661426842?lang=en_us&edition=fundamental","pubTime":"2026-08-24 10:04","pubTimestamp":1787537093,"startTime":"0","endTime":"0","summary":"BUZZ-Alibaba HK shares drop most in 16 months on share placement to fund AI development** Hong Kong shares of Alibaba9988.HKdrop 10.1% to HK$110.6, on course for the biggest one-day pct decline since April 2025** Stock hits the lowest level since July 30** Top pct loser in both the benchmark Hang Seng Index.HISand Hang Seng TECH Index.HSTECH, which are down 1.9% and 3.2%, respectively** Chinese e-commerce and cloud computing giant on Sunday launched an HK$80 billion share placementto fund artificial intelligence-related developments** Alibaba plans to place 710 mln new shares at HK$112.70 each, representing a 8.4% discount to Friday's close of HK$123 each** YTD, Hong Kong stock down 22.5%, U.S.-listed sharesBABA.Ndown 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Shares Plunge Over 8% at Open Amid $10.2B Placement and Burry Exit","url":"https://stock-news.laohu8.com/highlight/detail?id=1112861901","media":"Deep News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1112861901?lang=en_us&edition=fundamental","pubTime":"2026-08-24 09:31","pubTimestamp":1787535106,"startTime":"0","endTime":"0","summary":"Shares of Alibaba (BABA) opened sharply lower on Monday, dropping about 8% to HK$113.10 in Hong Kong trading.The decline follows the company's weekend announcement of a share placement plan, 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Opening Bell | HSTECH Drops over 1%; Alibaba Tumbles 8% After It Plans $10 Billion Hong Kong Share Placement; Tencent, Xiaomi Sink over 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1154812296","media":"HK Opening Bell","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1154812296?lang=en_us&edition=fundamental","pubTime":"2026-08-24 09:23","pubTimestamp":1787534584,"startTime":"0","endTime":"0","summary":"1. Market OverviewThe Hang Seng Index (HSI) opened on the back foot, sliding 0.88% to 25,780.12, while the China Enterprises Index (HSCEI) lost 0.98% to 8,549.35. Growth names remained under 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