大行评级丨里昂：阿里巴巴发零息CB转换溢价较高相信目的非减持阿里健康

新浪财经2025-07-04

里昂发表研究报告指，阿里健康今日股价受压与阿里发行CB有关，持有人可自债券发行日后第41日起时选择将全部或部分债券转换为阿里健康股份。集资所得将用于支持阿里云基础设施及国际电商业务发展。若债券全数转换，阿里的持股将由64%降至52%，但考虑转换溢价较高，债权人行使可能性较低，意味阿里巴巴短期大幅减持可能性不大。里昂认为，阿里巴巴主要目的并非减持阿里健康，而是以其优质底层资产进行低成本融资，又指阿里...

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大行评级丨里昂：阿里巴巴发零息CB转换溢价较高 相信目的非减持阿里健康

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大行评级丨里昂：阿里巴巴发零息CB转换溢价较高相信目的非减持阿里健康