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

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

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

More ride-hailing platform operators from mainland China and Southeast Asia have approached the Hong Kong government about entering the city’s market ahead of the launch of licensed operations, the transport minister has revealed. Secretary for Transport and Logistics Mable Chan also said on Sunday that more than 7,500

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

Alibaba proposes Hong Kong share placement worth $10 billion  Reuters

South Korean investor Carol Kim thought Hong Kong-based CSOP Asset Management’s new flexible leverage structure would cushion losses in its SK Hynix leveraged product, only to take a 77.2 per cent hit after the fund maintained its maximum exposure every day following the revised rules. “I expected the flexible leverage

KUALA LUMPUR, Aug 20 — Malaysian Chinese businessman Lian Tan Chuan today said he was not intentionally hiding his...