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Reuters has not verified these stories and does not vouch for their accuracy.- California Attorney General Rob Bonta is expected to ask ParamountPSKY.Oto divest some cable channels and commit to keeping its movie studio separate from Warner Bros before he signs off on the $81 billion merger, people familiar with the matter said.- Alibaba9988.HKis aiming to raise $10.2 billion to invest in it artificial-intelligence buildout, looking to sharpen its edge as competition heats up.- Online fast-fashion retailer Shein launched book building for a Hong Kong initial public offering, aiming to raise up to HK$13.86 billion , according to an offering prospectus.- Members of the United Auto Workers voted down an offer from DeereDE.Nto extend its contract with the union by two years, setting up what will likely be a contentious negotiation for a new contract next 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While the Chinese technology company's 2Q earnings were in line, the company expects softer 2H top-line growth and margins, the analysts note. Kuaishou faces headwinds including persistent macro softness in lower-tier cities driving a consumer shift toward budget essentials, tighter livestreaming regulations and high base effects. China Galaxy slashes its 2026-2028 earnings-per-share forecasts by 53%-63% to reflect continuing e-commerce and livestreaming headwinds. The brokerage cuts its target price to 43.72 Hong Kong dollars from HK$61.22 but retains an add rating on strong commercialization momentum for Kling AI, Kuaishou's generative artificial-intelligence video model. Shares decline 3.6% to 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Stocks Slide: ChiNext Drops 2%, New Energy Battery Sector Surges, Computing Hardware Weakens, Hang Seng Tech Index Falls Over 3%, Alibaba Plunges 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=1185736967","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1185736967?lang=en_us&edition=fundamental","pubTime":"2026-08-24 10:23","pubTimestamp":1787538216,"startTime":"0","endTime":"0","summary":"On August 24th, A-share markets opened broadly lower across the board during morning trading, with all three major indices initially declining together. The ChiNext Index dropped over 2%, 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HK Shares Drop Most in 16 Months on Share Placement to Fund AI Development","url":"https://stock-news.laohu8.com/highlight/detail?id=2661426842","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661426842?lang=en_us&edition=fundamental","pubTime":"2026-08-24 10:04","pubTimestamp":1787537093,"startTime":"0","endTime":"0","summary":"BUZZ-Alibaba HK shares drop most in 16 months on share placement to fund AI development** Hong Kong shares of Alibaba9988.HKdrop 10.1% to HK$110.6, on course for the biggest one-day pct decline since April 2025** Stock hits the lowest level since July 30** Top pct loser in both the benchmark Hang Seng Index.HISand Hang Seng TECH Index.HSTECH, which are down 1.9% and 3.2%, respectively** Chinese e-commerce and cloud computing giant on Sunday launched an HK$80 billion share placementto fund artificial intelligence-related developments** Alibaba plans to place 710 mln new shares at HK$112.70 each, representing a 8.4% discount to Friday's close of HK$123 each** YTD, Hong Kong stock down 22.5%, U.S.-listed sharesBABA.Ndown 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Massive Share Placement Sparks Market Turmoil: Strategic AI Bet or Shareholder Dilution?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113524950","media":"Deep News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1113524950?lang=en_us&edition=fundamental","pubTime":"2026-08-24 10:02","pubTimestamp":1787536921,"startTime":"0","endTime":"0","summary":"A single placement announcement sent shockwaves through Hong Kong's tech sector on Tuesday morning. Alibaba unveiled a massive HK$80 billion new share placement priced at HK$112.7 per 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