Alibaba raises $10.2 billion in Hong Kong sale, shares drop 10%
What's new: The 710 million-share deal funds a three-year AI buildout as investors weigh dilution and weaker near-term profits.
CNBC, The Business Times (Singapore) +1
What's new: The 710 million-share deal funds a three-year AI buildout as investors weigh dilution and weaker near-term profits.