After issuing convertible senior notes, will JD be followed by Ali?

JD issues convertible bonds, and Ali will follow suit. Who might be next? On Wednesday, Alibaba's Hong Kong stock fell by more than 5%. According to the news, people familiar with the matter said that Ali is considering issuing convertible bonds and plans to raise about 5 billion US dollars in capital. Earlier, on May 21, JD announced that it plans to issue convertible bonds with a total scale of 1.75 billion US dollars. After three consecutive days of decline, JD Hong Kong stocks fell by more than 4% today. JD said that the issuance of convertible bonds will enable it to use low financing costs (0.25% coupon rate) to speed up the share repurchase process at the current stock price. The conversion price is 45.7%, and the market price premium is about 35%. In response, HSBC said: Mutual

wallstreetcnMay 23 04:27 ET

Tencent, IFlytek Cut Prices of AI Services, Following Alibaba, Baidu's Move - Report

Seeking AlphaMay 22 12:02 ET

Tencent's market capitalization is rushing to 4 trillion dollars. How long can the momentum last, and can “the king return”?

A tough battle.

wallstreetcnMay 21 05:01 ET

Tencent or the dark side of Investment Month continues to compete with Ali for the “No. 1 AI Investor”

On the 21st, according to all-weather technology news, the big model startup Moon's Dark Side is currently undergoing a new round of financing. Investors include Tencent and Gao Rong Venture Capital. If discussed, LLM startups with domestic valuations exceeding 1 billion dollars will basically have Ali and Tencent.

wallstreetcnMay 20 23:29 ET

Do more with JD Ali, and the “big short” in subprime loans will eventually “fall in love” with Chinese companies

Selling US stocks and buying securities in China

wallstreetcnMay 20 11:51 ET

Tencent's big model launches a new brand

Value orientation.

wallstreetcnMay 20 07:59 ET