Alibaba-W(09988.HK): Adjusting the conversion rate of convertible preferred notes due in 2031.

Zh tng cijng APP xn, l bb-W (09988.HK) fb gnggo, yugun y 2031 nin do q de k zhunhun yuxin piodn (2024 nin piodn), yuy 2026 nin gx xunb, yj 2024 nin piodn de tiojin h tiojin, z 2026 nin 6 yu 11 r q shngxio, 2024 nin piodn de zhunhun l, yu mi 1000 miyun bn jn de 2024 nin piodn zhunhun wi 9.8915 g migu cndu g, tiozhng wi mi 1000 miyun bn jn de 2024 nin piodn zhunhun wi 9.9823 g migu cndu g. According to the news of the Wise Finance APP, Alibaba-W (09988.HK) has announced that the terms and conditions of the 2031 convertible preference notes (2024 notes) have been adjusted due to the dividend announcement in 2026. As of June 11, 2026, the conversion rate of the 2024 notes, originally 9.8915 American Depositary Shares per $1000 principal amount of 2024 notes, has been adjusted to 9.9823 American Depositary Shares per $1000 principal amount of 2024 notes.