• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Alibaba Group Announces Proposed Offering of Approximately HK$12 Billion of Zero Coupon Exchangeable Bonds

    7/3/25 6:38:00 AM ET
    $BABA
    Business Services
    Consumer Discretionary
    Get the next $BABA alert in real time by email

    Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba," "Alibaba Group" or the "Company") today announced a proposed exchangeable bond offering (the "Bond Offering") by reference to the ordinary shares of Alibaba Health Information Technology Limited ("Alibaba Health") that are listed on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") (HKEX: 00241) ("AH Shares"). Subject to market and other conditions, the Company proposes to issue approximately HK$12 billion aggregate principal amount of Zero Coupon Exchangeable Bonds due 2032 (the "Bonds") in a private offering to certain non-U.S. persons in offshore transactions outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act").

    When issued, the Bonds will be unsecured and unsubordinated obligations of Alibaba Group. The Bonds will not bear regular interest. The Bonds will mature on July 9, 2032, unless earlier redeemed, exchanged or purchased in accordance with their terms prior to such date.

    Holders of the Bonds may exchange all or any portion of the Bonds at their option at any time on or after the 41st day following the issue date of the Bonds to, and including, the close of business on the fifth scheduled trading day immediately preceding the maturity date of the Bonds. Upon exchange, the Company may, at its option, elect to satisfy its exchange obligation by delivering AH Shares, cash, or a combination of cash and AH Shares, each in accordance with the terms set forth in the Bonds. The initial exchange price and other terms of the Bonds will be determined at the time of pricing of the Bonds.

    Alibaba Health is a consolidated subsidiary of Alibaba Group, in which Alibaba Group holds approximately 64% of equity interest. Alibaba Group expects Alibaba Health to remain a flagship healthcare platform and consolidated subsidiary of Alibaba Group both upon issuance and following any future exchange of the Bonds into AH Shares, and will continue close collaboration with Alibaba Health and members of Alibaba ecosystem to drive "AI + Healthcare" industry transformation.

    Alibaba Group intends to use the net proceeds from the Bond Offering for general corporate purposes, including investments to support the development of our cloud infrastructure and international commerce businesses.

    Investor Hedging Transactions

    The Company expects that certain purchasers of the Bonds may employ a convertible arbitrage strategy by short selling AH Shares or by entering into short derivative positions with respect to AH Shares to hedge their exposure to the Bonds. Any such activity could take place concurrently with or shortly after the pricing of the Bonds and could lead to any decline (or offset against any appreciation) of the market price of AH Shares or any securities referencing AH Shares, including the Bonds. Further, such investors may dynamically modify their hedges from time to time while the Bonds are outstanding, by short selling or purchasing AH Shares in secondary market transactions or entering into equivalent derivative positions, which could affect the market price of AH Shares or any securities referencing AH Shares at the time, including the Bonds.

    Concurrently with the pricing of the Bonds, certain bookrunners of the Bond Offering expect to facilitate a sale of AH Shares, representing the expected initial delta of such hedging investors' short position, in privately negotiated transactions solely to non-U.S. persons outside of the United States (such sale, a "Delta Placement"). In connection with the Delta Placement, a wholly-owned subsidiary of the Company (the "Lender") has entered into a stock borrowing and lending arrangement with an affiliate of one of the bookrunners (the "Borrower"), pursuant to which the Lender has committed to lending a certain number of AH Shares (the "Borrowed Shares") to the Borrower. The Borrower has agreed to on-lend a portion of the Borrowed Shares to the other bookrunners to facilitate hedging activities of certain investors in the Bonds.

    Other Matters

    The Bonds, the AH Shares deliverable upon exchange of the Bonds, if any, and the Borrowed Shares (collectively, the "Securities"), have not been and will not be registered under the Securities Act or any U.S. state securities laws, and are being offered and sold to certain non-U.S. persons in offshore transactions outside the United States in reliance on Regulation S under the Securities Act. The Securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act.

    This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities, in the United States or elsewhere, and shall not constitute an offer, solicitation or sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

    This press release contains information about the pending Bond Offering and Delta Placement of Borrowed Shares, and there can be no assurance that the Bond Offering and/or the Delta Placement of Borrowed Shares will be completed.

    About Alibaba Group

    Alibaba Group's mission is to make it easy to do business anywhere. The Company aims to build the future infrastructure of commerce. It does not pursue size or power. It aspires to be a company that will last for 102 years.

    Safe Harbor Statement

    This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "may," "will," "expect," "anticipate," "future," "aim," "estimate," "intend," "seek," "plan," "believe," "potential," "continue," "ongoing," "target," "guidance," "is/are likely to" and similar statements. In addition, statements that are not historical facts, including statements about the intended use of proceeds, the terms of the Bonds, the Delta Placement and stock lending arrangement, future relationship between Alibaba Group and Alibaba Health, and whether the Company will complete the Bond Offering, are or contain forward-looking statements. Alibaba may also make forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in announcements made on the website of the Hong Kong Stock Exchange, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these risks is included in Alibaba's filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release and are based on assumptions that we believe to be reasonable as of this date, and Alibaba does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250703737415/en/

    Investor Relations Contact

    Lydia Liu

    Head of Investor Relations

    Alibaba Group Holding Limited

    [email protected]

    Media Contacts

    Cathy Yan

    [email protected]

    Ivy Ke

    [email protected]

    Get the next $BABA alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $BABA

    DatePrice TargetRatingAnalyst
    6/24/2025$153.00Buy → Neutral
    Arete
    2/26/2025Mkt Perform → Outperform
    Bernstein
    2/25/2025Mkt Perform → Outperform
    Bernstein
    2/24/2025$100.00 → $180.00Equal-Weight → Overweight
    Morgan Stanley
    10/7/2024$145.00Neutral → Outperform
    Macquarie
    2/8/2024$88.50 → $85.40Outperform → Neutral
    Macquarie
    1/17/2024$120.00 → $100.00Buy
    Mizuho
    12/1/2023$110.00 → $90.00Overweight → Equal-Weight
    Morgan Stanley
    More analyst ratings

    $BABA
    SEC Filings

    See more
    • SEC Form 6-K filed by Alibaba Group Holding Limited

      6-K - Alibaba Group Holding Ltd (0001577552) (Filer)

      7/3/25 4:03:11 PM ET
      $BABA
      Business Services
      Consumer Discretionary
    • SEC Form 6-K filed by Alibaba Group Holding Limited

      6-K - Alibaba Group Holding Ltd (0001577552) (Filer)

      7/3/25 7:07:23 AM ET
      $BABA
      Business Services
      Consumer Discretionary
    • SEC Form 6-K filed by Alibaba Group Holding Limited

      6-K - Alibaba Group Holding Ltd (0001577552) (Filer)

      7/2/25 7:18:13 AM ET
      $BABA
      Business Services
      Consumer Discretionary

    $BABA
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Alibaba downgraded by Arete with a new price target

      Arete downgraded Alibaba from Buy to Neutral and set a new price target of $153.00

      6/24/25 7:51:24 AM ET
      $BABA
      Business Services
      Consumer Discretionary
    • Alibaba upgraded by Bernstein

      Bernstein upgraded Alibaba from Mkt Perform to Outperform

      2/26/25 8:08:10 AM ET
      $BABA
      Business Services
      Consumer Discretionary
    • Alibaba upgraded by Bernstein

      Bernstein upgraded Alibaba from Mkt Perform to Outperform

      2/25/25 3:41:21 PM ET
      $BABA
      Business Services
      Consumer Discretionary

    $BABA
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Alibaba Group Prices Offering of HK$12.023 Billion of Zero Coupon Exchangeable Bonds

      Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba," "Alibaba Group" or the "Company") today announced the pricing of its private offering (the "Bond Offering") of HK$12.023 billion aggregate principal amount of Zero Coupon Exchangeable Bonds due 2032 (the "Bonds") by reference to the ordinary shares of Alibaba Health Information Technology Limited ("Alibaba Health") that are listed on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") (HKEX: 00241) ("AH Shares"). The Bonds were offered to certain non-U.S. persons in offshore transactions outside the United States in reliance on Regulation S under the U.S. Securitie

      7/3/25 3:38:00 PM ET
      $BABA
      Business Services
      Consumer Discretionary
    • Alibaba Group Announces Proposed Offering of Approximately HK$12 Billion of Zero Coupon Exchangeable Bonds

      Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba," "Alibaba Group" or the "Company") today announced a proposed exchangeable bond offering (the "Bond Offering") by reference to the ordinary shares of Alibaba Health Information Technology Limited ("Alibaba Health") that are listed on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") (HKEX: 00241) ("AH Shares"). Subject to market and other conditions, the Company proposes to issue approximately HK$12 billion aggregate principal amount of Zero Coupon Exchangeable Bonds due 2032 (the "Bonds") in a private offering to certain non-U.S. persons in offshore transactions

      7/3/25 6:38:00 AM ET
      $BABA
      Business Services
      Consumer Discretionary
    • Alibaba Group Announces Filing of Annual Report on Form 20-F for Fiscal Year 2025

      Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group") today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2025. The annual report can be accessed under the SEC Filing section on the Company's investor relations website at https://www.alibabagroup.com/en/ir/secfilings. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, Alibaba Group, 26/F Tower One, Times Square, 1 Matheson Street, Cau

      6/26/25 7:12:00 AM ET
      $BABA
      Business Services
      Consumer Discretionary

    $BABA
    Leadership Updates

    Live Leadership Updates

    See more
    • AliExpress Levels Up Experience for U.S. Customers with Updated Shopping Guarantees and a Redesigned Mobile App

      The updates roll out just in time for the brand's 14th Anniversary Sale, with deals up to 70% off from March 18 through March 27 LOS ANGELES, March 18, 2024 /PRNewswire/ -- AliExpress, an international online retail marketplace under Alibaba International Digital Commerce Group, has made significant updates to its platform designed to enhance the customer experience in the U.S. market, including faster shipping times, new delivery guarantees, and an updated mobile app for simpler browsing on its catalog. A majority of U.S. consumers state that recent price increases have put a

      3/18/24 10:49:00 AM ET
      $BABA
      Business Services
      Consumer Discretionary
    • Dingdong Announces the Appointment of CFO and CHRO

      SHANGHAI, Dec. 26, 2023 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE:DDL), a leading fresh grocery e-commerce company in China, today announced the appointment of Mr. Song Wang, currently the director and senior vice president of the Company, as the chief financial officer (the "Chief Financial Officer") effective from December 26, 2023. Mr. Wang will be primarily responsible for the Company's overall financial matters and investor relationship affairs. The Company also announced the appointment of Ms. Hongli Gong, currently the senior vice president of the Company, as the chief human resources officer (the "Chief Human Resources Officer") effective from Dece

      12/26/23 6:00:00 AM ET
      $BABA
      $DDL
      Business Services
      Consumer Discretionary
      Catalog/Specialty Distribution
    • Alibaba Group Appoints Two Independent Directors with Enhanced Corporate Governance

      Alibaba Group Holding Limited (NYSE:BABA, the "Company"))) announces that Irene Yun-Lien Lee, Chairman of Hysan Development Company Limited, and Albert Kong Ping Ng, former Chairman of Ernst & Young China, were appointed as independent directors to the Company's board, effective August 4, 2022. The new appointments demonstrate the Company's commitment to corporate governance excellence and diversity at the board level. Following these appointments, the Company's board currently consists of twelve directors, including seven independent directors. The number of female board members increases to three. "I am delighted to welcome Ms. Lee and Mr. Ng to the Alibaba board. The new independent bo

      8/3/22 8:15:00 PM ET
      $BABA
      Business Services
      Consumer Discretionary

    $BABA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Alibaba Group Holding Limited

      SC 13G/A - Alibaba Group Holding Ltd (0001577552) (Filed by)

      11/14/24 4:03:02 PM ET
      $BABA
      Business Services
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Alibaba Group Holding Limited

      SC 13G/A - Alibaba Group Holding Ltd (0001577552) (Subject)

      11/14/24 6:01:51 AM ET
      $BABA
      Business Services
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Alibaba Group Holding Limited (Amendment)

      SC 13G/A - Alibaba Group Holding Ltd (0001577552) (Subject)

      2/14/24 6:12:50 AM ET
      $BABA
      Business Services
      Consumer Discretionary

    $BABA
    Financials

    Live finance-specific insights

    See more
    • Alibaba Group Will Announce March Quarter 2025 and Full Fiscal Year 2025 Results on May 15, 2025

      Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group") today announced that it will report its unaudited financial results for the quarter and fiscal year ended March 31, 2025 before the U.S. market opens on Thursday, May 15, 2025, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day. All participants must pre-register to join this conference call using the Participant Registration link below: English: https://s1.c-conf.com/diamondpass/10046682-j7a0c5.html Chinese: https://s1.c-conf.com/diamondpass/10046685-k9a6cf.html Upon registration

      4/30/25 5:00:00 AM ET
      $BABA
      Business Services
      Consumer Discretionary
    • Alibaba Group Announces December Quarter 2024 Results

      Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group") today announced its financial results for the quarter ended December 31, 2024. "This quarter's results demonstrated substantial progress in our ‘user first, AI-driven' strategies and the re-accelerated growth of our core businesses. During this quarter, customer management revenue at Taobao and Tmall Group grew 9% as a result of initiatives to enhance user experience and effective monetization. Our Cloud revenue growth reignited to double digits at 13%, with AI-related product revenue achieving triple-digit growth for the sixth consecutive quarter. Looking ahead, re

      2/20/25 5:36:00 AM ET
      $BABA
      Business Services
      Consumer Discretionary
    • Alibaba Group Will Announce December Quarter 2024 Results on February 20, 2025

      Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group") today announced that it will report its unaudited financial results for the quarter ended December 31, 2024 before the U.S. market opens on Thursday, February 20, 2025, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) the same day. All participants must pre-register to join this conference call using the Participant Registration link below: English: https://s1.c-conf.com/diamondpass/10044500-45dty1.html Chinese: https://s1.c-conf.com/diamondpass/10044501-01fde1.html Upon registration, each

      2/6/25 4:19:00 AM ET
      $BABA
      Business Services
      Consumer Discretionary