EconomyAlibaba prepares T-Head chip IPO as Hong Kong listing frenzy cools
Alibaba has applied to list its chip-design unit T-Head in Hong Kong, seeking funds for its AI ambitions as the IPO market cools. The exchange approved the proposed separation, and Alibaba said it filed a confidential listing application in September. T-Head will remain part of the company.
Alibaba prepares T-Head chip IPO as Hong Kong listing frenzy cools
Economy