Alibaba (BABA) prices HK$80B (~<meta name=

0.2B in Hong Kong to bankroll AI capex, prints the largest primary follow-on ever for an HK-listed name." /> 0.2B) Hong Kong share placement — 710M new shares at HK12.70 (8.4% discount to Friday close); 100% of proceeds earmarked for AI capex; first primary equity issuance since 2019 HK listing; HK 9988 -9.8% Monday Aug 24 morning to HK11.00" /> 0.2B in Hong Kong to bankroll AI capex, prints the largest primary follow-on ever for an HK-listed name." /> 0.2B) Hong Kong share placement — 710M new shares at HK12.70 (8.4% discount to Friday close); 100% of proceeds earmarked for AI capex; first primary equity issuance since 2019 HK listing; HK 9988 -9.8% Monday Aug 24 morning to HK11.00" /> 0.2B in Hong Kong to bankroll AI capex, prints the largest primary follow-on ever for an HK-listed name." />

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