{"id":1030929,"date":"2026-08-25T08:01:29","date_gmt":"2026-08-25T02:31:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1030929"},"modified":"2026-08-25T08:09:58","modified_gmt":"2026-08-25T02:39:58","slug":"alibaba-stock-slumps-in-hong-kong-after-10-2-billion-share-placement-to-fund-ai","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/25\/alibaba-stock-slumps-in-hong-kong-after-10-2-billion-share-placement-to-fund-ai\/","title":{"rendered":"Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI"},"content":{"rendered":"<p>The Hong Kong-listed shares of Alibaba slumped on Monday \u200bafter the Chinese e-commerce and \u200bcloud computing company launched a $10.2 billion share placement, as \u200binvestors worried about payback from its massive AI spending. <\/p>\n<p>Alibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece &#8211; an 8.4% discount to its Friday \u200cclose &#8211; is \u2060aimed at \u2060funding AI-related development, as it redoubles AI bets amid competition and simmering Sino-U.S. tech \u200brivalry. <\/p>\n<p>Its shares fell as much as 10% to HK$110.10 in early Hong Kong trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hong Kong-listed shares of Alibaba slumped on Monday \u200bafter the Chinese e-commerce and \u200bcloud computing company launched a $10.2 billion share placement, as \u200binvestors worried about payback from its massive AI spending. Alibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece &#8211; an 8.4% discount to its Friday \u200cclose &#8211; is \u2060aimed at \u2060funding AI-related development, as it redoubles AI bets amid competition and simmering Sino-U.S. tech \u200brivalry. Its shares fell as much as 10% to HK$110.10 in early Hong Kong trade.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1030929","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1030929"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030929\/revisions"}],"predecessor-version":[{"id":1030955,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030929\/revisions\/1030955"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1030929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1030929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1030929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}