Alibaba readies T-Head chip IPO as Hong Kong frenzy cools

Alibaba has applied to list chip-design unit T-Head in Hong Kong, as the Chinese tech giant braves a cooling initial public offering (IPO) market to raise funds for artificial intelligence (AI) ambitions. The Hong Kong stock exchange has approved the proposed separation and a confidential listing application was filed in September, Alibaba said in a statement on Tuesday. T-Head, which provides full-stack data centre chips, will remain a unit of the company. Alibaba also owns the South China...

Source: South China Morning Post - Tech, published 2026-11-11. The summary is the Hub's own; the full story is at the source. Report a rights or accuracy concern