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

Aug 24 : Alibaba shares fell 8 per cent 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 funding artificial intelligence-related development.The Chinese e-commerce and cloud computing company priced 710 million n

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

A 76-year-old man has been sent to hospital after falling on an escalator at a Hong Kong shopping centre, while two other elderly people sustained minor injuries, according to police. The force received a report at 4.19pm on Sunday that three people had fallen on an escalator in phase one of Shek Lei Shopping Centre, l