Global Market: Alibaba rout drags China, Hong Kong markets lower amid AI spending concerns

Source: The Times of India· Anupam Nagar· August 24, 2026
Global Market: Alibaba rout drags China, Hong Kong markets lower amid AI spending concerns

China and Hong Kong stocks fell sharply on Monday, led by technology shares, after Alibaba’s $10.2-billion share placement revived concerns over AI spending, shareholder dilution and the returns on heavy capital expenditure.

This story was reported by The Times of India. Read the full original article:
Read on The Times of India

More in Business & Funding

View all