Categories: Business News

Alibaba shares slide after $10.2 billion AI share sale offered at sharp discount

By Kane Wu, Samuel Shen and Casey Hall HONG KONG/SHANGHAI, Aug 24 (Reuters) – China's Alibaba shares slumped in Monday Hong Kong trade after it launched a $10.2…

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Published: August 24, 2026 13:29:09 IST

By Kane Wu, Samuel Shen and Casey Hall HONG KONG/SHANGHAI, Aug 24 (Reuters) – China's Alibaba shares slumped in Monday Hong Kong trade after it launched a $10.2 billion share sale at a sharp discount

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Published: August 24, 2026 13:29:09 IST

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