Alibaba Group Proposes Spin-Off And Separate Listing Of Banma Network Technology
ReutersAug 20, 2025 10:10 PM
Aug 21 (Reuters) - Alibaba Group Holding Ltd 9988.HK:
PROPOSED SPIN-OFF AND SEPARATE LISTING OF BANMA NETWORK TECHNOLOGY
BANMA IS SEEKING A SEPARATE LISTING OF BANMA SHARES ON MAIN BOARD OF HONG KONG STOCK EXCHANGE
BANMA SEEKS SEPARATE LISTING ON HONG KONG STOCK EXCHANGE
WILL CONTINUE TO HOLD OVER 30% OF SHAREHOLDINGS IN BANMA
DETAILS HAVE NOT YET BEEN FINALIZED IN RESPECT OF PROPOSED SPIN-OFF OF BANMA
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