🤖 Alibaba Plans $10 Billion Hong Kong Share Placement
Published by OOPSONLINE.IN · Source: Reuters · 1 min read · · Updated
What actually happened
China's Alibaba said on Sunday it plans to sell HK$80 billion ($10.2 billion) in a share placement to fund artificial intelligence-related development.
Key points
- China's Alibaba said on Sunday it plans to sell HK$80 billion ($10.
- 2 billion) in a share placement to fund artificial intelligence-related development.
Summary based on data provided by Reuters. Full article available at the original publisher.
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- #alibaba
- #plans