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Alibaba says smart car spinoff Banma plans to list shares in Hong Kong
Alibaba said in a filing on Wednesday that Banma, a smart car supplier that the company backs, will list shares on the Hong Kong Stock Exchange.
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cnbc.com
Alibaba says smart car spinoff Banma plans to list shares in Hong Kong
Alibaba said in a filing on Wednesday that Banma, a smart car supplier that the company backs, will list shares on the Hong Kong Stock Exchange.
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scmp.com
Alibaba to spin off Banma self-driving business via Hong Kong IPO
Alibaba’s stake in Banma will drop to 30 per cent from the current 44.72 per cent after the IPO, the tech behemoth says.