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Home > Technology > Alibaba shares fall 8% after $10 billion Hong Kong share sale

Alibaba shares fall 8% after $10 billion Hong Kong share sale

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Published: August 24, 2026 08:33:05 IST

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Aug 24 (Reuters) – Alibaba shares fell 8% in early Hong Kong trade on Monday after the tech company finalised a HK$80 billion ($10.21 billion) share placement at HK$112.70 apiece, in a deal aimed at

(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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