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Alibaba completes HK$80 billion new-share placement

Alibaba Group Holding filed a Form 6-K dated August 26 reporting the completion of an HK$80 billion placing of new shares in Hong Kong. The filing identifies a press release on the completed placing and an announcement to the Hong Kong stock exchange covering the completion of new shares issued under the company's general mandate. The sealed filing does not state the use of proceeds, share count, pricing, or investor identities.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
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