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Alibaba Proposes HK$80 Bln Equity Placement For AI Infrastructure

(RTTNews) - Alibaba Group Holding Limited (BABA) announced on Sunday a proposed equity placement of HK$80 billion newly issued ordinary shares in Hong Kong. The company specified that the placement is for the non-U.S. persons outside the United States.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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