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BABA Jun 2025 155.000 call
| Previous close | 5.53 |
| Open | 5.53 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 155.00 |
| Expiry date | 2025-06-20 |
| Day's range | 5.53 - 5.53 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
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ReutersChina's Alibaba kicks off restructuring with plan to list logistics arm in Hong Kong
SHANGHAI/HONG KONG (Reuters) -Alibaba Group on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would make the unit the first to be separated since the Chinese e-commerce giant announced its break-up six months ago. Alibaba said on Tuesday it had submitted an application to spin off Cainiao Smart Logistics Network to the Hong Kong stock exchange, but that financial terms such as the size of the offering had not been finalised. However, Alibaba, which holds a 69.54% stake in Cainiao, will continue to hold more than 50% of shares in Cainiao and it will remain a subsidiary of the company after the spin-off, Alibaba added.
