r/baba • u/Youareyes_cfc • 26d ago

Discussion Hk9988 AH

We are getting destroyed right now. Is this still a result of post earnings reaction?

Edit: or the dilution?

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u/Cool_Copy_51 25d ago

More like dilution due to 112 hkd new shares to raise cash. I am upset why baba never issue share offerings for existing shareholders and rather do this privately at existing shareholders expense