New Stock News | Alibaba's (09988.HK) T-Head reportedly plans Hong Kong IPO next year, aiming to raise up to HK$23.4 billion

Zhitong Finance APP has learned that, according to reports, T-Head, the semiconductor subsidiary of Alibaba (09988.HK), plans to list in Hong Kong in 2027 and intends to raise at least US$2 billion to US$3 billion, equivalent to approximately HK$15.6 billion to HK$23.4 billion.