FILTERED RESULTS
FILTERS
Ads Top
DARK MODE
CHART
MCap $2.6T +0.7%24h Vol $57.3B +8.1%Fear & Greed 57/100Alts Index 31/100
BTC.D 59.1% +0.1%Stable.D 10.1% 0%ETH.D 11.6% 0%Others.D 19.2% -0.1%
FIL$0.9947+23.1%LSK$0.8350+19.09%BTW$0.6373+15.22%AR$2.875+12.5%ZCAT$0.0961+11.41%龙虾$0.1492+10.06%GLM$0.1280+6.89%ALGO$0.0977+6.37%CRV$0.3545+5.69%ANTFUN$0.0842+5.65%
UAI$0.5143-35.35%AI$0.2490-27.54%MARSCOIN$0.0960-18.51%LAPTOP$0.2994-18.09%MINA$0.0904-13.05%STONK$0.2623-11.11%PONS$0.5272-10.6%VVV$21.973-9.01%USELESS$0.2113-7.82%MET$0.2212-7.52%
Top movers 24h
    Filters
      Coins
      Sentiment
      Impact
      Search
      FILTERED RESULTS

        

      Upgrade your plan
      Dashboard

      Alibaba's Stock Drops Over 10% Following New Share Placement Announcement

      Alibaba's stock in Hong Kong experienced a significant decline of over 10% on August 24, reaching its lowest point in nearly a month. This drop followed the company's announcement of plans to issue new shares worth 80 billion Hong Kong dollars, equivalent to approximately 10.2 billion US dollars.

      The share placement is set to become the largest primary follow-on offering in the history of companies listed in Hong Kong. Additionally, it will mark the largest Regulation S stock issuance on record, which pertains to securities sold outside the United States. This move positions Alibaba's offering as the third largest primary follow-on stock issuance globally for the year, trailing only behind Alphabet and Intel.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud