Lates News

Alibaba Group's announcement on the Hong Kong Stock Exchange grants the Board of Directors the general authorization to issue, distribute, and/or otherwise deal with up to 10% of the company's newly issued common shares (including in the form of American Depositary Shares and including any sales or transfers of treasury shares) on the day of the ordinary resolution approval, excluding treasury shares. Any common shares issued and distributed under this authorization shall not be priced lower than 10% of the reference price. Please refer to the Proxy Voting Solicitation Letter for more details.