BABA-W (09988) is considering a spin-off approved by the Hong Kong Stock Exchange.
Alibaba Group Holding Limited (09988) announced that on March 13, 2026, the Hong Kong Stock Exchange has confirmed that the company can proceed with the proposed spin-off of the infrastructure Real Estate Investment Trust (REIT) on the Shenzhen Stock Exchange. The Hong Kong Stock Exchange has also granted the company an exemption from strict compliance with Rule 15 of the Hong Kong Listing Rules, specifically in providing shareholders with guarantees for allocations under Section 3(f) of the Application Guidelines.
BABA-W (09988) announced on March 13, 2026, that the Hong Kong Stock Exchange has confirmed that the company is allowed to proceed with the proposed spin-off of its infrastructure REIT on the Shenzhen Stock Exchange. The Hong Kong Stock Exchange has also granted the company an exemption from strictly complying with the provision of guarantee quota to shareholders under section 3(f) of application guidance 15 of the Hong Kong Listing Rules.
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DEEP SOURCE (00990) intends to acquire 100% of the issued share capital of Tortuga de Oro S.A.
SITC (01308) plans to sell Hoi Fung Subic Shipping Co., Ltd. for approximately 12.16 million US dollars.
SCHOLAR EDU(01769): The trustee purchased a total of 314,000 shares under the stock incentive plan.
