Alibaba seeks HK$80 billion placement
- Posted on August 25, 2026
- By The China Daily
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- 1 min read
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Alibaba seeks HK$80 billion placement
Alibaba Group is seeking to raise about HK$80 billion ($10.2 billion) through a new share placement in Hong Kong, which, if completed, would become the world's third-largest primary follow-on offering this year, behind only those placed by Alphabet and Intel.
