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HK$123 each** YTD, Hong Kong stock down 22.5%, U.S.-listed sharesBABA.Ndown 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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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