Unlocking Future Growth? Alibaba Raises $1.53 Billion via Zero-Coupon Bond to Boost Cloud and Global Expansion

TradingKey

07-04

TradingKey – On July 4, Alibaba Group (BABA.US; 9988.HK) announced the successful completion of its zero-coupon exchangeable bond issuance , raising HKD 12.023 billion (approximately USD 1.53 billion). The bond is expected to settle on July 9 , and is linked to shares in Alibaba Health (00241.HK). If fully exchanged, the transaction will account for around 12% of Alibaba Health’s issued share capital, although Alibaba will still retain a controlling stake.

【Alibaba Intraday Chart (5min) | Source: TradingView】

Market reaction has been cautious — by the time of writing (July 4), Alibaba’s stock had fallen 3.97% over two days, while Alibaba Health dropped 9.44%, reflecting investor concerns over potential share dilution and near-term pressure from the bond issuance.

Analyst Takeaways

Morgan Stanley noted that the zero-coupon structure helps ease short-term financial strain, but the uncertainty around share conversion could weigh on Alibaba’s stock performance in the near term.
UBS pointed out that while Alibaba Health shows promise in AI-driven healthcare, challenges remain, particularly as Trump’s proposed tariffs on Chinese goods may complicate Alibaba Cloud's global expansion plans.
CICC stated that the bond issuance reflects Alibaba’s confidence in its long-term strategic direction. However, the success of this move will ultimately depend on Alibaba Health’s future financial results and its ability to deliver on growth expectations.

Find out more

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Alibaba Raises $1.53 Billion via Zero-Coupon Bond to Boost Cloud and Global Expansion","media":"TradingKey","content":"<html><body><p dir=\"ltr\"><span>TradingKey – On July 4, <a href=\"https://laohu8.com/S/BABA\">Alibaba Group</a> (BABA.US; 9988.HK) announced the successful completion of its zero-coupon exchangeable bond issuance , raising HKD 12.023 billion (approximately USD 1.53 billion). The bond is expected to settle on July 9 , and is linked to shares in Alibaba Health (00241.HK). If fully exchanged, the transaction will account for around 12% of Alibaba Health’s issued share capital, although Alibaba will still retain a controlling stake.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250704/b5438fa2289c4fe2a648be991cf23c96BABA.jpg\" width=\"inherit\"/></p><p dir=\"ltr\"><span>【Alibaba Intraday <a href=\"https://laohu8.com/S/GTLS\">Chart</a> (5min) | Source: TradingView】</span></p><p dir=\"ltr\"><span>Market reaction has been cautious — by the time of writing (July 4), Alibaba’s stock had fallen 3.97% over two days, while Alibaba Health dropped 9.44%, reflecting investor concerns over potential share dilution and near-term pressure from the bond issuance.</span></p><h3 dir=\"ltr\"><span>Analyst Takeaways</span></h3><ul><li value=\"1\"><span><a href=\"https://laohu8.com/S/MTK\">Morgan Stanley</a> noted that the zero-coupon structure helps ease short-term financial strain, but the uncertainty around share conversion could weigh on Alibaba’s stock performance in the near term.</span></li><li value=\"2\"><span>UBS pointed out that while Alibaba Health shows promise in AI-driven healthcare, challenges remain, particularly as Trump’s proposed tariffs on Chinese goods may complicate Alibaba Cloud's global expansion plans.</span></li><li value=\"3\"><span><a href=\"https://laohu8.com/S/03908\">CICC</a> stated that the bond issuance reflects Alibaba’s confidence in its long-term strategic direction. However, the success of this move will ultimately depend on Alibaba Health’s future financial results and its ability to deliver on growth expectations.</span></li></ul><p>Find out more</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Unlocking Future Growth? Alibaba Raises $1.53 Billion via Zero-Coupon Bond to Boost Cloud and Global Expansion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnlocking Future Growth? Alibaba Raises $1.53 Billion via Zero-Coupon Bond to Boost Cloud and Global Expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2025-07-04 17:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p dir=\"ltr\"><span>TradingKey – On July 4, <a href=\"https://laohu8.com/S/BABA\">Alibaba Group</a> (BABA.US; 9988.HK) announced the successful completion of its zero-coupon exchangeable bond issuance , raising HKD 12.023 billion (approximately USD 1.53 billion). The bond is expected to settle on July 9 , and is linked to shares in Alibaba Health (00241.HK). If fully exchanged, the transaction will account for around 12% of Alibaba Health’s issued share capital, although Alibaba will still retain a controlling stake.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250704/b5438fa2289c4fe2a648be991cf23c96BABA.jpg\" width=\"inherit\"/></p><p dir=\"ltr\"><span>【Alibaba Intraday <a href=\"https://laohu8.com/S/GTLS\">Chart</a> (5min) | Source: TradingView】</span></p><p dir=\"ltr\"><span>Market reaction has been cautious — by the time of writing (July 4), Alibaba’s stock had fallen 3.97% over two days, while Alibaba Health dropped 9.44%, reflecting investor concerns over potential share dilution and near-term pressure from the bond issuance.</span></p><h3 dir=\"ltr\"><span>Analyst Takeaways</span></h3><ul><li value=\"1\"><span><a href=\"https://laohu8.com/S/MTK\">Morgan Stanley</a> noted that the zero-coupon structure helps ease short-term financial strain, but the uncertainty around share conversion could weigh on Alibaba’s stock performance in the near term.</span></li><li value=\"2\"><span>UBS pointed out that while Alibaba Health shows promise in AI-driven healthcare, challenges remain, particularly as Trump’s proposed tariffs on Chinese goods may complicate Alibaba Cloud's global expansion plans.</span></li><li value=\"3\"><span><a href=\"https://laohu8.com/S/03908\">CICC</a> stated that the bond issuance reflects Alibaba’s confidence in its long-term strategic direction. However, the success of this move will ultimately depend on Alibaba Health’s future financial results and its ability to deliver on growth expectations.</span></li></ul><p>Find out more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0225283273.USD","symbol_name":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","start_time":0,"source_url":"https://www.tradingkey.com/news/stocks/250860565-hongkong-hangseng-stocks-baba-tradingkey-huanyao-fang","article_id":"2548836758","we_media_id":"1041236214","thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20240204/dc002a60d9d3c0aa78189ec7e0d796c8.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548836758","pubTimestamp":1751622795,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"TradingKey","introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"summary":"TradingKey – On July 4, Alibaba Group (BABA.US; 9988.HK) announced the successful completion of its zero-coupon exchangeable bond issuance , raising HKD 12.023 billion (approximately USD 1.53 billion). 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The bond is expected to settle on July 9 , and is linked to shares in Alibaba Health (00241.HK). If fully exchanged, the transaction will account for around 12% of Alibaba Health’s issued share capital, although Alibaba will still retain a controlling stake.【Alibaba Intraday Chart (5min) | Source: TradingView】Market reaction has been cautious — by the time of writing (July 4), Alibaba’s stock had fallen 3.97% over two days, while Alibaba Health dropped 9.44%, reflecting investor concerns over potential share dilution and near-term pressure from the bond issuance.Analyst TakeawaysMorgan Stanley noted that the zero-coupon structure helps ease short-term financial strain, but the uncertainty around share conversion could weigh on Alibaba’s stock performance in the near term.UBS pointed out that while Alibaba Health shows promise in AI-driven healthcare, challenges remain, particularly as Trump’s proposed tariffs on Chinese goods may complicate Alibaba Cloud's global expansion plans.CICC stated that the bond issuance reflects Alibaba’s confidence in its long-term strategic direction. However, the success of this move will ultimately depend on Alibaba Health’s future financial results and its ability to deliver on growth expectations.Find out more","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}