Alibaba Plans to Place HKD 80 Billion in New Shares, All for AI Investment
By: www.panewslab.com|2026/08/23 05:38:00
0
Share
Prefer us on Google
Alibaba (09988.HK) announced plans to place new shares in Hong Kong, with a total placement amount of HKD 80 billion (USD 10.2 billion). This placement will become the largest primary follow-on offering ever by a Hong Kong-listed company and the largest Regulation S stock issuance on record. Additionally, it is the third-largest primary follow-on stock issuance globally this year, following Alphabet and Intel. Alibaba plans to use 100% of the net proceeds from this placement to invest in its full-stack artificial intelligence capabilities, including expanding and upgrading its AI infrastructure.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
U.S. Economy Accelerates Growth, August S&P Composite PMI Rises for Third Consecutive Month to 56.0
Tom Lee Diagnoses Downstream Phase of Ethereum AI Trading
An interpretation has emerged that the flow of artificial intelligence (AI) investments may shift from infrastructure like semiconductors and memory to software and application layers. In this process, Ethereum (ETH) is becoming significant as stablecoins...
Supermicro Denies Executive Knowledge of Chip Diversion
Supermicro ($SMCI) has released the results of an independent investigation that found no evidence that current executives were involved in or aware of the allegations regarding the diversion of servers equipped with NVIDIA ($NVDA) chips to China.
VanEck Targets $500,000 for Bitcoin by 2029, a Forecast That Suits Its Own Balance Sheet
VanEck targets $500,000 for Bitcoin by 2029, driven by the BITCOIN Act and ETF appetite, while remaining both judge and party.
America is creating a new class of crypto banks – but they aren’t really banks
The next generation of US banks may control trillions in assets without ever offering a checking account or mortgage.
Cardano Development Transitions to External Teams: Input Output Reduces Its Role in the Network
Cardano development is entering a new phase: Input Output is transferring key parts of the blockchain's core infrastructure to independent teams, aiming to reduce the network's dependence on the company that created it and to move more swiftly towards a practical model of decentralization. Input Out...
What to Watch for at Next Week's Jackson Hole Conference?
Waller will deliver his keynote speech at Jackson Hole at 10 AM Eastern Time on August 28, but it remains undecided whether he will focus on the macroeconomic "big picture" or directly provide guidance for the policy path from September to December. This uncertainty means that the market's sensitivi...
INDODAX Highlights the Balance of Regulation and Innovation in Crypto Development - Fintech World
The crypto industry is entering a new phase as more traditional financial institutions begin to connect with digital assets and blockchain technology.
Robinhood Crypto and Regulation in Russia: Key Events in the Crypto Market
Robinhood crypto has become one of the most notable topics of the week: the blockchain network of the major American broker quickly entered the ranks of market leaders, while investors monitored Bitcoin mining, the digital euro, sanctions against Iranian wallets, the tokenization of securities, and ...
Local's access to global crypto platforms could end under Nigeria's proposed capital floor
Exchanges and custodians would need ₦2 billion in capital, while foreign-currency stablecoins face 120% backing.
![[Column] The Parallels Between Odyssey and Bitcoin](/public-static/37_d544230b33.png?format=avif)
[Column] The Parallels Between Odyssey and Bitcoin
*This article contains spoilers about the main content and ending of the movie Odyssey. Yesterday evening, I watched the movie Odyssey. As I left the theater, unexpectedly, Bitcoin came to mind...*
US Economy: Debt Crisis Expected "In Three Years, Plus or Minus Two" According to Ray Dalio
Ray Dalio predicts a U.S. debt crisis "in three years, plus or minus two" and recommends 10 to 15% in gold and a position in Bitcoin to hedge against it.
What Changes with the $1 Billion Credit Facility for USDe? Latest Insights
Ethena and FalconX have entered into a $1 billion facility. The underlying assets of USDe will be utilized for institutional loans, further enhancing liquidity. Check out the details now!
Coldcard now requires 65 key presses after seed exploit, while exposed funds still must move
Firmware 5.6.1 and 1.5.1Q harden new wallet creation but cannot repair a seed made on an affected release.
Cryptocurrency Transfer Tax Effective from July 1
The tax on cryptocurrency and digital asset transfers is being collected under new rules starting July 1. These rules pertain to the transfer of such assets through service providers: income from the transaction is classified as other income for individuals and is subject to income tax at a rate of ...
"Bitcoin, Gold, and Land": Tether's Anti-Crisis Doctrine
Paolo Ardoino summarizes Tether's anti-crisis doctrine in a punchline: Bitcoin, gold, and land. An analysis of the three reserve pillars of the USDT giant.
Wash's First Jackson Hole Speech: Markets Await 'Inflation Solutions'
Flipkart Minutes Surpasses 1,000 Logistics Hubs in India
Walmart-owned Flipkart's instant delivery service, Flipkart Minutes, has grown to handle around 1 million orders per day. The competition in India's quick commerce sector is expanding beyond grocery delivery to include electronics, beauty products, and household items delivered within minutes.
On-Chain Analysis Tools for Cryptocurrencies: How to Read SSR and Stablecoin Capitalization
On-chain analysis tools for cryptocurrencies help assess not only the price of Bitcoin but also the hidden liquidity of the market. One such indicator is the Stablecoin Supply Ratio, or SSR: it shows how much purchasing power stablecoins have relative to the market capitalization of BTC. SSR has no ...
Binance Ends Wealth Effect of Exchanges, Trump Starts New Wave of Wealth Creation
Samsung, Xiaomi, and Apple Target Stablecoin as a New Payment Gateway
The global smartphone ecosystem is emerging as a new payment point for stablecoins. Samsung Electronics has announced plans to support stablecoins in its Samsung Wallet, while Xiaomi's smartphone ecosystem is also pushing for the development of related wallets and payment functionalities. Apple has ...
Why It’s Beneficial to Invest in a Fixed Term in Dollars?
Deposits of this type allow earning interest on savings in foreign currency without selling the bills.
Director Spent $11 Million on Cryptocurrency Instead of Filming Netflix Series
A Los Angeles director spent $11 million on cryptocurrency and speculative trades instead of completing a science fiction series for Netflix. Karl Eric Rinsch was sentenced to 30 months in prison for misappropriating funds that were supposed to go towards the production of the project. The Southern ...
The Dark Horse of AI Payments: Coinbase May Have Given Agents a Wallet
While everyone debates which track will win between card payments and stablecoins, a cryptocurrency exchange has quietly become the largest actual operator of Agent payments.
Cryptocurrency Market: Half-Year Results
The results of the cryptocurrency market for the past six months can be summarized in three main narratives. The overall state of the market is best assessed by capitalization, trading volume, and comparison with the previous period: these metrics show how significantly investor sentiment has change...
Regulating Cryptocurrency: Why Countries Choose Different Rules for Digital Assets
Over the past 15 years, the regulation of cryptocurrencies has transformed from a secondary topic for enthusiasts into one of the key issues of global financial policy. Cryptocurrency has become part of the real economy: it facilitates investments, transactions, value storage, and cross-border payme...
tx Platform for Tokenizing Real Assets: How the Infrastructure for Stocks and RWA is Structured
The tx platform for tokenizing real assets is built as a level one financial infrastructure: it combines the issuance of tokenized instruments, compliance, liquidity, settlements, trading, and tools for developers in one ecosystem.
Reaching instant 27ms validation on Bitcoin will take 17 GPU years of compute power
Hazync’s developer reports millisecond verification for blocks 1 through 1,789, while the full-chain proving campaign remains unfinished.
Ulcer Index: How to Assess the Risk of a Pullback in the Crypto Market
The Ulcer Index helps traders view cryptocurrency not only through returns but also through the risk of deep drawdowns: the indicator shows how much and how long the price of an asset falls from previous highs. Investments are always associated with the probability of losses. This is especially noti...
Bitcoin-Backed Lending at Silicon Valley Bank: The Market Enters an Institutional Phase
Bitcoin-backed lending at Silicon Valley Bank describes how the market has matured significantly after the 2022 crypto loan crisis: more over-collateralization, stricter underwriting, greater transparency, and increased participation from major financial players.
U.S. Economy Accelerates Growth, August S&P Composite PMI Rises for Third Consecutive Month to 56.0
Tom Lee Diagnoses Downstream Phase of Ethereum AI Trading
An interpretation has emerged that the flow of artificial intelligence (AI) investments may shift from infrastructure like semiconductors and memory to software and application layers. In this process, Ethereum (ETH) is becoming significant as stablecoins...
Supermicro Denies Executive Knowledge of Chip Diversion
Supermicro ($SMCI) has released the results of an independent investigation that found no evidence that current executives were involved in or aware of the allegations regarding the diversion of servers equipped with NVIDIA ($NVDA) chips to China.
VanEck Targets $500,000 for Bitcoin by 2029, a Forecast That Suits Its Own Balance Sheet
VanEck targets $500,000 for Bitcoin by 2029, driven by the BITCOIN Act and ETF appetite, while remaining both judge and party.
America is creating a new class of crypto banks – but they aren’t really banks
The next generation of US banks may control trillions in assets without ever offering a checking account or mortgage.
Cardano Development Transitions to External Teams: Input Output Reduces Its Role in the Network
Cardano development is entering a new phase: Input Output is transferring key parts of the blockchain's core infrastructure to independent teams, aiming to reduce the network's dependence on the company that created it and to move more swiftly towards a practical model of decentralization. Input Out...
...
Contents
Latest articles
05/23/2026
05/22/2026
05/22/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
