$BABA-W(09988)$ fell 10% on Monday (24 August) morning after announcing plans to raise approximately HK$80 billion through a share sale. The placement is expected to dilute earnings and weigh on the stock’s near-term performance. Amplifying the move, the $Alibaba 5xShortSG270907(RHDW.SI)$ rose 50% in early trading, while the $Alibaba 5xLongSG270712(ZVNW.SI)$ fell a similar magnitude. The weakness spilled into the broader technology sector, pushing the $HSTECH(HSTECH)$ down approximately 3.5%. Correspondingly, the $HSTECH 7xShortSG270309(9B2W.SI)$<