Alibaba Joins $30B Surge in Asia’s Equity-Linked Bonds — What It Signals for $BABA

Court: S.D. New York

Case: 1:20-cv-09568

💰 Convertible Bond Boom in Asia

• Asian firms have raised over $30B in convertible and exchangeable bonds so far in 2025 — up 50% year-over-year — according to Bloomberg data.
• This marks a multi-year high as elevated interest rates and a rally in regional equities create a perfect storm for equity-linked debt financing.
• Offerings denominated in USD and HKD are particularly in demand, allowing companies to raise capital while retaining growth flexibility.

🏢 BABA Among the Leaders

• Alibaba is one of the top issuers driving this 2025 surge, along with peers like Baidu, signaling a shift toward more flexible capital structure strategies.
• Convertible bonds allow BABA to raise cash without immediate equity dilution, appealing in a volatile geopolitical and rate environment.
• This move reflects Alibaba’s pivot from past regulatory strain toward a more capital-efficient, investor-friendly posture.

⚖️ Don’t Forget: $433.5M Investor Settlement Still in Focus

• BABA also just finalized a $433.5 million settlement over the Ant Group IPO fallout, stemming from claims it misled investors on regulatory risks.

📉 Timeline Recap:

• Nov 2020: Ant’s $30B IPO canceled by regulators → BABA dropped 8% overnight.
• Dec 2020: BABA fell 13% again amid antitrust probes.
• Apr 2022: Investors sued.
• July 2025: Case settled — a key overhang removed.

📢 Were you a BABA shareholder impacted by Ant Group’s canceled IPO?

📝 File your claim HERE.