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Alibaba spins off logistics asset to fund AI growth
Alibaba has secured Hong Kong Stock Exchange approval to spin off its Jiaxing Park logistics asset into a REIT listed in Shenzhen, aiming to recycle capital for AI expansion. Analysts say the move ...
Hong Kong exchange’s approval is first step in plan to list asset on Shenzhen bourse as Beijing encourages Reit listings.
The HKEX confirmed on March 13 that Alibaba may proceed with the proposed spin-off of CICC Cainiao Logistics Warehouse Infrastructure REIT on the Shenzhen Stock Exchange, the Hangzhou-based company ...
Alibaba has secured approval to spin off its Jiaxing Park logistics asset into a Shenzhen-listed REIT, aiming to recycle capital into high-growth areas like AI infrastructure. Analysts say the move ...
Alibaba Group Holding (NYSE:BABA) and its Chinese hyperscalar rivals have responded to the domestic regulatory crackdown and economic weakness by opening their walled gardens to one another. JD ...
Over the medium term, Alibaba Group and its financing partners will commit between RMB20 billion and RMB30 billion (US$3 billion to US$4.5 billion). The company hopes to spark a total investment of ...
Alibaba Group (BABA) is a global technology titan undergoing a profound strategic pivot. While traditionally renowned as the world's largest e-commerce empire through platforms li ...
Alibaba’s surprise connection to a top-ranked viral AI model is reigniting interest in its long-term AI strategy and valuation upside.
Alibaba has seen how important logistics are to JD.com’s growth and market cap—and now it wants a piece of the action, too. Logistics and the supply chain have emerged from the shadows to become the ...
The Reit’s underlying asset will be Jiaxing Park, a key Cainiao logistics and fulfilment facility located in Zhejiang ...
BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group") today announced that it will report ...
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