Alibaba's HK$80 Billion New Share Sale Oversubscribed

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BlockBeats News, August 23rd, Alibaba today announced a new stock offering to non-US persons outside the United States, with a total offering size of HK$80 billion. It is reported that this offering has been oversubscribed, with strong demand from high-quality long-term bullish investors such as sovereign wealth funds. (Kechuangban Daily)

Source: BlockBeats

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