Why Alibaba Stock Was Riding Higher on Wednesday @Themotleyfool #Stocks $BABA

Why Alibaba Stock Was Riding Higher on Wednesday @themotleyfool #stocks $BABA

Key PointsThe company pulled off a successful round of capital raising.It was aiming to drum up a gross amount of $3.2 billion in funds. 10 stocks we like better than Alibaba Group › Chinese e-commerce giant Alibaba Group (NYSE: BABA) was standing tall on the stock market Wednesday. Fueled by a successful round of capital-raising, the company's U.S.-traded American depositary shares (ADSes) were rising by nearly 3% in late-session action. That w…

$3.2 Billion Zero-Coupon Notes: Alibaba's Strategic Move to Boost Cloud Infrastructure & Global Commerce

Alibaba issues $3.2B convertible notes due 2032 at $193.15 conversion price, 31.25% above market. Includes capped call options at $235.46. Proceeds for cloud infrastructure and global commerce.

Alibaba Group Announces Completion of Offering of Approximately US$3.2 Billion of Zero Coupon Convertible Senior Notes

HONG KONG--(BUSINESS WIRE)--Sep 16, 2025-