Alibaba Group Holding Limited completed the placing of 710,000,000 newly issued ordinary shares on August 26, 2026, raising gross proceeds of HK$80 billion at a price of HK$112.70 per share. The net proceeds amount to approximately HK$79.7 billion and will be allocated to expand global computing infrastructure (60%) and accelerate the buildout of hyperscale AI data centers while upgrading cloud infrastructure (40%). This equity issuance represents approximately 3.57% of the enlarged total number of shares in issue immediately following completion.
