Kospi Falls on Alibaba & Samsung Selloff | Technical Analysis | Asian Session | 24 August 2026
Alibaba Placement and Samsung Payout Disappointment Spark Asia Tech Selloff as Kospi Drops 2.5% and the Yen Holds Firm Ahead of Nvidia Earnings and Jackson Hole
USD/JPY · EUR/JPY · Aluminium · Corn · Hang Seng · Litecoin · Solana — live Asian market outlook today, updated through the trading session
Asian Market News — Live Now, 24 August 2026
Top-moving headlines shaping the Asian market outlook today, updated through the morning
Hang Seng Slides 2.1% as Alibaba’s $10.2bn Placement Revives Dilution Fears
The Hang Seng Index has dropped roughly 2.1%, or over 500 points, to near 25,470 on Monday after Alibaba Group priced a 710-million-share Hong Kong placement at HK$112.70, an 8.4% discount to Friday’s close, to raise HK$80 billion ($10.2bn) for its AI and infrastructure build-out; the deal is expected to close 26 August, and investors are weighing near-term dilution against longer-run AI capex. Tencent and other large-cap tech names are also under pressure, while Shein has separately launched bookbuilding for its own Hong Kong IPO.
EquitiesKospi Drops 2.5% as Samsung Falls 8% Despite Record Payout Pledge
South Korea’s Kospi is down about 2.5% to near 6,741 after Samsung Electronics fell as much as 8% even after its board approved a record KRW90-110 trillion ($65-80bn) 2026 shareholder-return plan — roughly five times its prior record — including some KRW30 trillion of Q3 cash dividends and a KRW15 trillion buyback for employee compensation; analysts note the plan lacks the buyback-and-canc
