阿里配售获近3倍超额认购，主权和长线基金最终认购比例超40%

Odaily Planet Daily News: Alibaba has announced the pricing of its new share placement of HKD 80 billion (approximately USD 10.2 billion), with the net proceeds to be 100% invested in full-stack AI capabilities and the enhancement of AI infrastructure. According to sources close to the deal, the placement was oversubscribed nearly three times, with bids exceeding HKD 200 billion. Sovereign wealth funds and long-term funds ultimately accounted for over 40% of subscriptions, reflecting a strong response and high-quality order book. Alibaba's clear return pathway for AI investments has earned the trust of global long-term capital in this placement. Major sovereign funds from the Middle East, Europe, and Asia all actively participated in the subscription. The announcement shows that CICC, HSBC, Morgan Stanley, and UBS served as joint global coordinators, joint bookrunners, and joint placement agents for this new share placement, while Barclays, Citigroup, and JPMorgan acted as joint bookrunners. (Shanghai Securities News)

According to data from MSX.COM, possibly affected by the news of the share placement, Alibaba's stock price fell more than 10% in pre-market trading today, and is currently down approximately 9.35%.