Alibaba plunges after announcing $10.2 billion share placement to fund AI push - CNBC

Alibaba plunges after announcing $10.2 billion share placement to fund AI push - CNBC
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Alibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech giant priced an 80 billion Hong Kong dollar ($10.20 billion) placement of newly issued shares to non-U.S. investors… [+1476 chars]

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