Alibaba's $10 billion Hong Kong share sale rattles investors, including Michael Burry

The investor said Alibaba stock would need to fall by half for him to become interested again, calling out the company's share issuance

Hong Kong’s tourism watchdog has suspended a jewellery shop from receiving tour groups for 30 days after finding it failed to stop a guide from coercing mainland Chinese visitors into making purchases. The Travel Industry Authority (TIA) said on Tuesday that Kaiser Jewellery International would be barred from receiving

HONG KONG: Online fast-fashion retailer Shein's Hong Kong IPO book to raise up to US$1.8 billion has been fully covered by investor demand, two sources said, bringing it closer to its long-awaited market debut amid growing business and regulatory challenges.Shein launched its new share sale on Monday (Aug 24), valuing

Shein's up to $1.8 billion Hong Kong IPO order book covered, sources say  Reuters

Devendra Fadnavis said the objective behind the government drive mandating "working knowledge" of Marathi was not to make the drivers language experts, but to ensure they can communicate in the local language for their work.

A Regina city councillor wants to review the possibility of making council positions full time jobs.

Analysts say valuation drop reflects change in business prospects

Michael Burry has sold off his Alibaba shares, opting instead to invest in a competing firm. He voiced concerns regarding Alibaba's stock issuance and its fiscal obligations. Additionally, Burry has taken short positions against Oracle and Micron Technology, asserting that both firms might be overly exposed to the AI s

The market’s negative reaction to Alibaba’s announcement of a major share issue illustrates a broader skepticism among global investors about the eventual payback on present AI spending

Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.

Shein Targets $27 Billion Valuation in Long-Awaited Hong Kong IPO  WSJ

TechnologyMove comes amid intensifying race to build frontier models and computing infrastructureAlibaba is doubling down on artificial intelligence at a moment when the race to build frontier models and the infrastructure behind them is intensifying across both China and the West. © ReutersCISSY ZHOUAugust 23, 2026 17

A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.

“I planned to move most of it back after a month or two. No longer,” Burry said in a post on Substack.

Alibaba announces a $10 billion share sale to fund its global artificial intelligence (AI) ambitions, investing in full-stack AI capabilities and infrastru