{
  "id": 2933365,
  "title": "Alibaba shares drop 10% after $10.2b share placement",
  "url": "https://urgent.news/2026/08/24/alibaba-shares-drop-10-after-10-2b-share-placement",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T03:33:20.000Z",
  "source": {
    "name": "Tech in Asia",
    "slug": "tech-in-asia",
    "url": "https://www.techinasia.com/news/alibaba-shares-drop-10-102b-share-placement"
  },
  "original_language": "en",
  "account": null,
  "summary": "Alibaba will issue 710 million new shares at HK$112.70 (US$14) each, below the August 21 closing price of HK$123 (US$16).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}