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Alibaba (09988.HK) has completed the pricing of its HK$80 billion new share placement, which plans to issue 710 million shares at a price of HK$112.70 per share. The share placement is expected to be completed on August 26.

2026-08-24

Alibaba (09988.HK) has completed the pricing of its HK$80 billion new share placement, which plans to issue 710 million shares at a price of HK$112.70 per share. The share placement is expected to be completed on August 26.

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2026-08-23

On the 22nd (local time) Secretary of Iran's Supreme National Security Council Rezaei said Tehran will regard any country that participates in economic measures against Iran as an enemy and warned states not to join the United States in an economic c

On the 22nd (local time) Secretary of Iran's Supreme National Security Council Rezaei said Tehran will regard any country that participates in economic measures against Iran as an enemy and warned states not to join the United States in an economic campaign. He called the Trump administration's campaign an economic and propaganda war but said Iran has learned to evade long‑running U.S. sanctions and has continued to sell oil despite months of a maritime blockade. Rezaei warned any U.S. action in the southern route of the Strait of Hormuz would be a target for Iranian strikes, and said Iran would also strike U.S. forces and any anti-Iran regional actors meeting with them. He added talks with Oman on transit and trade through the Strait are progressing smoothly and Tehran expects to reach a final agreement.
2026-08-23

Iranian Parliament Speaker Mohammad Ghalibaf shared an image on social media platform X, outlining the impact of economic pressure on Iran and changes in the energy market on the US economy. Referring to Trump's recent measures to control US commodit

Iranian Parliament Speaker Mohammad Ghalibaf shared an image on social media platform X, outlining the impact of economic pressure on Iran and changes in the energy market on the US economy. Referring to Trump's recent measures to control US commodity prices, he wrote: "Importing frozen meat to control meat prices? Okay, maybe that works. But what are the US plans for its Treasury bonds? Want to import 'frozen yields'? For the housing market, are you going to introduce 'frozen buyers'? To solve the wage problem, are you going to issue 'frozen paychecks'? A rigid and uninnovative foreign policy will result in a frozen and stagnant economy. The only thing still functioning is that this boomerang of 'devastating economic pressure' on Iran will ultimately return to the US itself."
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