Lates News

Alibaba announced that the Board of Directors has announced that Zebra is seeking to independently list its shares on the main board of the Hong Kong Stock Exchange. As of the date of this announcement, the company holds approximately 44.72% of Zebra's shares, which are accounted for by the investment party as equity. It is now proposed that the proposed spin-off will be conducted through a global offering of Zebra shares (including Hong Kong public offering and international offering). After several proposed adjustments to Zebra's equity structure and the completion of the proposed spin-off, the company will continue to hold over 30% of Zebra's shares, and Zebra will continue to be accounted for by the investment party as equity. Zebra has submitted an application to the Hong Kong Stock Exchange for listing.