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Group Holding Stock Sheds 8.5% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2661221492","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661221492?lang=en_us&edition=fundamental","pubTime":"2026-08-24 16:31","pubTimestamp":1787560260,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Alibaba Group Holding Ltd. slid 8.5% to 112.50 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.9% to 25517.33.This was the stock's second consecutive day of losses.Alibaba Group Holding Ltd. closed 40% below its 52-week high of HK$186.20, which the company achieved Oct. 3.Trading volume totaled 363.0 million shares, compared to the 50-day average of 105.0 million shares.Data source: Dow Jones Market Data, 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Stocks Slide: ChiNext Drops 2%, New Energy Battery Sector Surges, Computing Hardware Weakens, Hang Seng Tech Index Falls Over 3%, Alibaba Plunges 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=1185736967","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1185736967?lang=en_us&edition=fundamental","pubTime":"2026-08-24 10:23","pubTimestamp":1787538216,"startTime":"0","endTime":"0","summary":"On August 24th, A-share markets opened broadly lower across the board during morning trading, with all three major indices initially declining together. The ChiNext Index dropped over 2%, 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HK Shares Drop Most in 16 Months on Share Placement to Fund AI Development","url":"https://stock-news.laohu8.com/highlight/detail?id=2661426842","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661426842?lang=en_us&edition=fundamental","pubTime":"2026-08-24 10:04","pubTimestamp":1787537093,"startTime":"0","endTime":"0","summary":"BUZZ-Alibaba HK shares drop most in 16 months on share placement to fund AI development** Hong Kong shares of Alibaba9988.HKdrop 10.1% to HK$110.6, on course for the biggest one-day pct decline since April 2025** Stock hits the lowest level since July 30** Top pct loser in both the benchmark Hang Seng Index.HISand Hang Seng TECH Index.HSTECH, which are down 1.9% and 3.2%, respectively** Chinese e-commerce and cloud computing giant on Sunday launched an HK$80 billion share placementto fund artificial intelligence-related developments** Alibaba plans to place 710 mln new shares at HK$112.70 each, representing a 8.4% discount to Friday's close of HK$123 each** YTD, Hong Kong stock down 22.5%, U.S.-listed sharesBABA.Ndown 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Massive Share Placement Sparks Market Turmoil: Strategic AI Bet or Shareholder Dilution?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113524950","media":"Deep News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1113524950?lang=en_us&edition=fundamental","pubTime":"2026-08-24 10:02","pubTimestamp":1787536921,"startTime":"0","endTime":"0","summary":"A single placement announcement sent shockwaves through Hong Kong's tech sector on Tuesday morning. Alibaba unveiled a massive HK$80 billion new share placement priced at HK$112.7 per 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