AI ·
Alibaba Files to List Chip Unit T-Head Separately in Hong Kong
Alibaba said it has formally applied to the Hong Kong Stock Exchange for a separate listing of its chip subsidiary T-Head, which would remain a subsidiary after the offering.
Alibaba Group announced on the evening of November 10 that it has submitted an application to the Hong Kong Stock Exchange for the independent listing of its subsidiary T-Head. The company said the unit would continue to be a subsidiary of Alibaba once the listing is completed.
According to the announcement, T-Head filed its listing application with the Hong Kong exchange on September 11, 2026, seeking a separate main-board listing in Hong Kong through H shares. The final size of the IPO has not yet been determined.
As of April 2026, cumulative shipments of T-Head's Zhenwu series AI chips reached 560,000 units, the announcement said. Alibaba framed the listing plan as a way for the market to price the value of its core business more clearly.
The company also said the move would highlight T-Head's own commercial value as a leading Chinese provider of full-stack data center chips, drawing specialist investors in semiconductors and AI computing power. Alibaba added that the arrangement would further support T-Head in increasing research and development spending and talent investment, and in improving the supply of high-quality domestic computing power.
雷峰网: https://www.leiphone.com/category/industrynews/dew7AYBxkGAYilZj.html
Source: 雷峰网
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