{"id":156460,"date":"2026-08-24T09:09:53","date_gmt":"2026-08-24T09:09:53","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=156460"},"modified":"2026-08-24T09:09:53","modified_gmt":"2026-08-24T09:09:53","slug":"alibabas-record-stock-sale-adds-to-hong-kong-tech-flood","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=156460","title":{"rendered":"Alibaba\u2019s record stock sale adds to Hong Kong tech flood"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostAlibaba raised HK$80 billion (US$10.2 billion) in a record Hong Kong secondary stock sale as the e-commerce giant pours money into artificial intelligence (AI).<br \/>\nShares were priced at HK$112.70 apiece, an 8.4 per cent discount to Friday\u2019s close, according to a Hong Kong stock exchange filing. The Hangzhou-based company, which owns the South China Morning Post, closed at HK$112.50 on Monday.<br \/>\nAll of the sale proceeds will support Alibaba\u2019s AI drive, with the company planning to spend more than 380&#8230;<a href=\"https:\/\/www.scmp.com\/plus\/business\/banking-finance\/article\/3365060\/alibabas-record-stock-sale-adds-hong-kong-tech-flood?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 raised HK$80 billion (US$10.2 billion) in a record Hong Kong secondary stock sale as the e-commerce giant pours money into artificial intelligence (AI).&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\/156460"}],"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=156460"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/156460\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=156460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=156460"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=156460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}