Workflow
Alibaba: Convertible Bond Fuels AI-Powered E-Commerce Revolution
BABABABA(BABA) Seeking Alpha·2025-05-29 00:15

Alibaba (NYSE: BABA ) recently announced a convertible bond deal with Hong Kong-listed Meitu. In this deal, BABA is investing 250mnthroughathreeyearconvertiblebondataninitialconversionofHK250mn through a three-year convertible bond at an initial conversion of HK6/share. This implies that BABA has the option toAstrada Advisors delivers actionable recommendations that enhance portfolio performance and uncover alpha opportunities, supported by a strong track record in investment research at leading global investment banks. With expertise spanning technology, media, int ...