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Bloomberg

Here's What's Behind Alibaba's $10 Billion Share Sale

Monday, August 24, 2026


Alibaba sold HK$80 billion ($10.2 billion) in shares through a secondary offering in Hong Kong. Michael Burry, an investor, expressed opposition to the sale. Bloomberg reported the offering was the largest secondary share sale in Hong Kong at the time.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-24/here-s-what-s-behind-alibaba-s-10-billion-share-sale-video

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