Alibaba Group Announced Pricing of HK$80 Billion Placing of New Shares in Hong Kong
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), Alibaba, Alibaba Group or the Company) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the Placement Shares) to non-U.S. persons...