FilingsSEC filing

Alibaba lowered the exchange price of its bonds due 2032 from HK$6.23 to HK$5.92 per Alibaba Health share

After the adjustment the bonds could be exchanged in full for 2,030,912,162 Alibaba Health shares, Alibaba said in an announcement filed with the SEC on Aug 14, 2026.

From the public record1 min read

Published Oct 27, 2026 · 11:14 UTCFiled Aug 14, 2026

Form6-K

FiledAug 14

CompanyAlibaba

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Alibaba Group Holding announced that the exchange price of its zero coupon exchangeable bonds due 2032 was lowered from HK$6.23 to HK$5.92 per Alibaba Health share, with effect from Aug 14, 2026. Alibaba said the change followed Alibaba Health's declaration of a final dividend of RMB0.0595 and a special dividend of RMB0.1352 per share for the year ended March 31, 2026, and the terms and conditions of the bonds.1 2 3 4 5

The bonds, which Alibaba announced in July 2025 with HK$12.023 billion in principal, were exchangeable for ordinary shares of Alibaba Health Information Technology, listed in Hong Kong; zero coupon means they pay no regular interest.2 6

How each figure was checked6 facts

the exchange price of the bonds before and after the adjustmentHK$6.23 to HK$5.92 per AH ShareExhibit 99.1: Hong Kong announcement on the exchangeable bonds due 2032 ↗
the bonds' principal amount, maturity year and the dates of the announcements about the offeringHK$12.023 billion aggregate principal amount of bonds due 2032; announcements dated July 3, 2025 and July 4, 2025Exhibit 99.1: Hong Kong announcement on the exchangeable bonds due 2032 ↗
the exchange ratio before and after the adjustment, and the day it took effect160,513.6 to 168,918.9 AH Shares per HK$1,000,000 principal amount, with effect from August 14, 2026Exhibit 99.1: Hong Kong announcement on the exchangeable bonds due 2032 ↗
why the exchange terms were adjustedExhibit 99.1: Hong Kong announcement on the exchangeable bonds due 2032 ↗
Alibaba Health's results announcement and the dividends its board recommendedMay 14, 2026; final dividend of RMB0.0595 and special dividend of RMB0.1352 per AH Share for the year ended March 31, 2026Exhibit 99.1: Hong Kong announcement on the exchangeable bonds due 2032 ↗
the shares the bonds are offered by reference toExhibit 99.1: Hong Kong announcement on the exchangeable bonds due 2032 ↗