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Alibaba says T-Head filed for a Hong Kong listing after exchange clearance
Techmeme listed Bloomberg's Foster Wong reporting that Alibaba said its chip design unit T-Head filed on Sept. 11 for a Hong Kong listing after exchange clearance and is set to remain a subsidiary.
Alibaba said its chip design unit T-Head filed on Sept. 11 for a Hong Kong listing after the stock exchange cleared the company to proceed, according to Bloomberg as listed on Techmeme1.
T-Head is set to remain a subsidiary of Alibaba, the Techmeme listing of Foster Wong's Bloomberg report said1.
The item does not state a deal size, offering structure, ticker or timetable for trading1.
Whether Hong Kong listing-committee approval, any mainland filings and a final offering proceed were not settled in the account summarized on Techmeme1.
