Alibaba proposes Hong Kong share placement worth $10 billion - Reuters

Alibaba proposes Hong Kong share placement worth $10 billion  Reuters

Alibaba to Raise $10 Billion by Selling Shares for AI Expansion

Alibaba Group Holding Ltd. is seeking to raise about HK$80 billion ($10 billion) from a share sale, its latest move to compete for global leadership in artificial intelligence.

By Trista Xinyi Luo and Dave Sebastian

Alibaba announces $10.2bn share placement as Chinese companies expand AI investment

Equity issuance follows a strong reception for its latest Qwen 3.8-Max model

Major tech firms to help upskill Hong Kong workers under ‘AI for All’: Paul Chan

Hong Kong’s employees retraining board will partner with major tech firms to launch an artificial intelligence (AI) training programme for the working population in November, the city’s finance chief has said. In his Sunday blog, Financial Secretary Paul Chan Mo-po said the HK$50 million (US$6.4 million) “AI for All” inclusive programme, announced in the February budget, would feature more than 200 activities and was expected to benefit 50,000 people within two years. “The development and...

By Emily Hung

Alibaba to raise $10bn via new Hong Kong shares to fund AI investments

Alibaba Launches Record $10 Billion Share Sale to Enter the AI Race

Alibaba proposes Hong Kong share placement worth $13 billion - The Straits Times

Alibaba proposes Hong Kong share placement worth $13 billion  The Straits Times

Alibaba to raise $10 billion by selling shares for AI expansion - Moneycontrol.com

Alibaba to raise $10 billion by selling shares for AI expansion  Moneycontrol.com

Alibaba plans record $10.2 billion Hong Kong share sale to fund AI

By Investing.com

Alibaba plans $10.2B share issuance to fund its global AI drive

Chinese tech giant Alibaba announced on Sunday that it plans to raise around HK$80 billion ($10.2 billion) through a new share issuance in Hong Kong, with the funds aimed at suppor...

Alibaba proposes $10 billion share placement to fund global AI drive - Tech - Business - Ahram Online

Alibaba proposes $10 billion share placement to fund global AI drive - Tech - Business  Ahram Online

Alibaba plans $10bn share sale to fund AI expansion

Alibaba announces a $10 billion share sale to fund its global artificial intelligence (AI) ambitions, investing in full-stack AI capabilities and infrastru Read More: https://punchng.com/alibaba-plans-10bn-share-sale-to-fund-ai-expansion/

By Punch Newspapers