Major Alibaba figures make purchases as Chinese giant sells $10 billion of stock
Major Alibaba shareholders have made big share purchases ahead of vital secondary market offering
Last updated: 2026-08-26 14:09:52 ET
Major Alibaba shareholders have made big share purchases ahead of vital secondary market offering
These are the stocks posting the largest moves premarket.
The market’s negative reaction to Alibaba’s announcement of a major share issue illustrates a broader skepticism among global investors about the...
Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.
These are the stocks posting the largest moves in the premarket.
Alibaba's U.S. listed shares were volatile in premarket trading after posting a 75% drop in net income in the June quarter.
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