{"id":156449,"date":"2026-08-24T01:59:29","date_gmt":"2026-08-24T01:59:29","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=156449"},"modified":"2026-08-24T01:59:29","modified_gmt":"2026-08-24T01:59:29","slug":"alibaba-sets-price-in-us10-2b-billion-new-share-offer-drops-10-on-market-open","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=156449","title":{"rendered":"Alibaba sets price in US$10.2b billion new share offer, drops 10% on market open"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostAlibaba Group Holding has set the offer price for its new share placement at HK$112.70 each to raise HK$80 billion (US$10.2 billion), issuing 710 million shares in one of the largest artificial intelligence-dedicated fundraising efforts by a Chinese technology firm.<br \/>\nThe price represented an 8.4 per cent discount to the stock\u2019s closing price in Hong Kong on Friday and a 3.6 per cent discount to the Friday closing price of its New York-listed shares, the company said in a stock exchange filing on&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3365003\/alibaba-sets-price-us102-billion-new-share-offer-fuel-ai-expansion?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostAlibaba Group Holding has set the offer price for its new share placement at HK$112.70 each to raise HK$80 billion (US$10.2 billion), issuing 710&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/156449"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=156449"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/156449\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=156449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=156449"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=156449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}