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

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2548836758"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2548836758\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2548836758?lang=zh_TW&edition=fundamental","thumbnail":"https://resource.tradingkey.com/cms_uploads/img/20240204/dc002a60d9d3c0aa78189ec7e0d796c8.jpg","is_english":true,"pubTime":"2025-07-04 17:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2548836758","market":"nz","top_or_hot":-1,"title":"Unlocking Future Growth? 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: 12.5px; color: #7E829C; margin: 0;}\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<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\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 smaller\">2025-07-04 17:53</p>\n</div>\n</a>\n</h4>\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</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2097828714.EUR","symbol_name":"AZ EQUITY CHINA \"BAZ\" (EUR) 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). ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"89988":"阿里巴巴-WR","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","SG9999006514.SGD":"United Asia Consumer Fund SGD","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU0502904849.HKD":"FIDELITY FUNDS  CHINA INNOVATION \"A\" (HKD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU0417516571.SGD":"Allianz Oriental Income Cl AT Acc SGD","LU0251144936.SGD":"Fidelity Sustainable Asia Equity A-SGD","LU0163747925.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY A ACC","LU0577902538.SGD":"Fullerton Lux Funds - Asia Growth and Income Equities A Acc SGD","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","BK4122":"互联网与直销零售","HBBD.SI":"Alibaba HK SDR 5to1","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","BK4575":"芯片概念","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","LU1770036033.HKD":"NINETY ONE GSF ASIAN EQUITY \"A\" (HKD) ACC","LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","BK4535":"淡马锡持仓","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0634319403.HKD":"ALLIANZ HONG KONG EQUITY \"AT\" (HKD) ACC","LU1961090484.USD":"ALLIANZ ALL CHINA EQUITY \"A\" (USD) INC","BK4538":"云计算","LU0890818403.SGD":"JPMorgan Funds - Emerging Markets Dividend A (mth) SGD-H","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","LU0417516902.SGD":"Allianz China Equity Cl AT Acc SGD","BABA":"阿里巴巴","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","09988":"阿里巴巴-W","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC"},"translate_title":"释放未来增长？阿里巴巴-SW通过零息债券融资15.3亿美元，以推动云计算和全球扩张","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"89988":0.6,"09988":1,"BABA":1,"ALBmain":0.6,"HBBD.SI":0.6,"US10Y.BOND":1,"US12M.BOND":1,"US2Y.BOND":1,"US30Y.BOND":1,"US3Y.BOND":1,"US5Y.BOND":1,"US6M.BOND":1,"US7Y.BOND":1},"content_text":"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 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"}}}