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[Alibaba plans to spin off Pingtouge and list it in Hong Kong with a valuation of US$20 billion to US$30 billion] On November 10, Alibaba announced that it planned to spin off its wholly-owned subsidiary Pingtouge (Shanghai) Technology Co., Ltd. and list it independently on the main board of the Hong Kong Stock Exchange. In an interview with reporters, a professional investment institution valued Pingtou Ge at US$20 billion to US$30 billion. (21 Finance)
Hong Kong stock trends 🕐 2026-11-10 22:22

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