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Opens Lower: Hang Seng Index Drops 0.88%, Tech Stocks Slide as Alibaba Plunges Over 8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1196628675","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1196628675?lang=en_us&edition=fundamental","pubTime":"2026-08-24 09:34","pubTimestamp":1787535251,"startTime":"0","endTime":"0","summary":"Hong Kong stocks opened lower across the board on Monday, with the Hang Seng Index falling 0.88% to 25,780.12 points at the opening bell. 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Shares Plunge Over 8% at Open Amid $10.2B Placement and Burry Exit","url":"https://stock-news.laohu8.com/highlight/detail?id=1112861901","media":"Deep News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1112861901?lang=en_us&edition=fundamental","pubTime":"2026-08-24 09:31","pubTimestamp":1787535106,"startTime":"0","endTime":"0","summary":"Shares of Alibaba (BABA) opened sharply lower on Monday, dropping about 8% to HK$113.10 in Hong Kong trading.The decline follows the company's weekend announcement of a share placement plan, 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Opening Bell | HSTECH Drops over 1%; Alibaba Tumbles 8% After It Plans $10 Billion Hong Kong Share Placement; Tencent, Xiaomi Sink over 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1154812296","media":"HK Opening Bell","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1154812296?lang=en_us&edition=fundamental","pubTime":"2026-08-24 09:23","pubTimestamp":1787534584,"startTime":"0","endTime":"0","summary":"1. Market OverviewThe Hang Seng Index (HSI) opened on the back foot, sliding 0.88% to 25,780.12, while the China Enterprises Index (HSCEI) lost 0.98% to 8,549.35. Growth names remained under 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( ($HK:9988) ). Alibaba Group Holding Limited has announced a proposed placing of 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Record HK$80 Billion Share Placement: A 3.6%-9% Discount Strategy Unveiled","url":"https://stock-news.laohu8.com/highlight/detail?id=1102285695","media":"Deep News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1102285695?lang=en_us&edition=fundamental","pubTime":"2026-08-23 16:31","pubTimestamp":1787473875,"startTime":"0","endTime":"0","summary":"Alibaba has officially announced a new share issuance, with a placement size of HK$80 billion, representing approximately 4% of its total market capitalization. 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Strategic Capital Move: Why It's Bypassing US Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1131350647","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1131350647?lang=en_us&edition=fundamental","pubTime":"2026-08-23 16:22","pubTimestamp":1787473343,"startTime":"0","endTime":"0","summary":"Major news emerged from Alibaba at midday, as the company announced plans for a new share placement in Hong Kong, targeting gross proceeds of HK$80 billion. Reports indicate that this placement 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