PR Newswire

    Manchester City’s Erling Haaland has today been announced as an Official Brand Ambassador for home appliances giant, Midea The ambassador agreement is an extension of…

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    Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion at current exchange rates. Alibaba expects the transaction to close on Aug. 26, subject to customary conditions.