Alibaba Sets Ambitious $1.53 Billion Exchangeable Bond Offering to Fuel Cloud and Commerce Expansion—A Strategic Move Poised to Reshape Market Dynamics for Investors
Alibaba’s Bold Move: What Its Latest HK$12 Billion Exchangeable Bond Means for Investors Alibaba Group, the Chinese tech behemoth, is once again making waves in the capital markets by aiming to raise approximately HK$12 billion (around $1.53 billion) through exchangeable bonds tied to its Alibaba Health Technology unit. While this might appear as just another…