Alibaba shares slide after $10.2 billion AI share sale offered at sharp discount
China's Alibaba shares slumped in Monday Hong Kong trade after it launched a $10.2 billion share sale at a sharp discount to fund
August 24, 2026China's Alibaba shares slumped in Monday Hong Kong trade after it launched a $10.2 billion share sale at a sharp discount to fund
August 24, 2026
Alibaba shares fell 8% 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
August 24, 2026
China's Alibaba on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development.
August 23, 2026
China's Alibaba reports a 75% drop in profit for the latest quarter from the year before to roughly $1.6 billion as it invests heavily in AI infrastructure
August 20, 2026
President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial-intelligence models
August 17, 2026
Apple has trained a large language model specifically for the China market, three people familiar with the matter said, a departure from the iPhone maker's strategy of relying on
August 14, 2026
Chinese artificial intelligence startup DeepSeek formally released its V4 Pro model on Thursday, pricing it several times higher than its V4 Flash model
August 13, 2026
China's cyberspace regulator said on Wednesday that Apple's on-device generative AI service, Apple Intelligence, has been registered for use on
July 15, 2026
China is planning to allow the country's top AI companies to buy a limited number of Nvidia's H200 chips, the Information reported on Wednesday, citing two people with direct
July 08, 2026
Chinese authorities have held meetings with top tech firms over the past month about potentially restricting overseas access to China's most advanced AI
July 07, 2026
Chinese tech giant Alibaba has banned employees from using Anthropic's Claude Code at work after the tool drew scrutiny for features that can help
July 03, 2026
Chinese technology and e-commerce giant Alibaba and its U.S.-based payment processor have agreed to pay $600 million to resolve
July 02, 2026
U.S.
June 25, 2026
Alibaba has sued the U.S. Department of Defense, demanding removal from a list naming it a Chinese military company
June 24, 2026
Alibaba, the Chinese technology and e-commerce giant, sued the U.S. government on Tuesday over being placed on a list of businesses from China
June 23, 2026
China says it firmly opposes the U.S. adding several prominent Chinese businesses to its list of military-linked companies
June 13, 2026
The United States on Monday added Chinese e-commerce giant Alibaba, internet search provider Baidu, and
June 08, 2026
The Pentagon has added several prominent Chinese businesses to its list of Chinese military companies
June 09, 2026
Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, as the Chinese technology giant intensifies efforts to build domestic alternatives to Nvidia
May 20, 2026
China's Alibaba said it would exceed its planned AI investment of up to 380 billion yuan ($55.96 billion) over the next three years, as early
May 13, 2026
China's Alibaba has reported accelerating AI and cloud revenue growth driven by the AI boom, which has jumped 38% in the January-March quarter compared to the year before
May 13, 2026
An explosion of food deliveries is reshaping KFC China, the country’s largest restaurant brand, boosting sales but squeezing margins.
April 30, 2026
Microsoft must face a mass lawsuit alleging it overcharged thousands of British businesses to use Windows Server software on cloud computing services provided by Amazon,
April 21, 2026
U.S. stocks mostly edged higher on Wall Street in a wobbly start to the new year
January 02, 2026