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

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

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

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Published: August 24, 2026 15:11:05 IST

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

(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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