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China: Alibaba plant milliardenschwere Kapitalerhöhung für KI-Offensive

Der chinesische Konzern plant offenbar die größte Kapitalerhöhung, die je über die Hongkonger Börse lief. Damit will Alibaba mit den US-Größen mithalten.

China: Alibaba plant milliardenschwere Kapitalerhöhung für KI-Offensive

Alibaba, the Chinese e-commerce giant, plans to raise billions of dollars for its artificial intelligence (AI) offensive through the issuance of new shares, as announced on Sunday. The company intends to raise a total of 80 billion Hong Kong dollars (approximately 8.73 billion euros) by selling new shares on the Hong Kong stock market, marking the largest capital increase for any listed company in Hong Kong and the third-largest worldwide this year, following similar moves by Alphabet and Intel.

According to a term sheet seen by Reuters, Alibaba plans to sell 710 million preferred shares at a price of 112.70 Hong Kong dollars each, representing a 3.6% discount to the recent closing price. Investors, including state funds, showed strong demand for the equity placement, with two sources close to the matter confirming this. Alibaba increased the size of the offering after the initial allocation was oversubscribed, according to the sources.

Morgan Stanley, HSBC, UBS, and CICC are among the banks acting as joint lead arrangers for the transaction. However, the banks have not yet responded to requests for comment.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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