In response to Hong Kong media reports, Hema Xiansheng, a new retail platform under Alibaba, will complete the spin -up to Hong Kong to go public in November. When Hema Xiansheng is questioned, it will not comment on relevant reports.
Hong Kong Economic Daily Monday (June 26) quoted news reports that Hema Xiansheng, a new retail platform driven by Ali with data and technology, is stepping up preparations for listing.(IPO).
According to reports, Alibaba's Hema Xiansheng, Cainiao and Alibaba Cloud launched a listing plan. At present, Hema Xiansheng, which has reached 10 billion yuan, is expected to complete the IPO first.plan.It is reported that the overall valuation of Hema Xiansheng exceeds HK $ 30 billion (about S $ 50 billion), and the actual amount is determined according to the market conditions.
It is reported that Alibaba applied to the Hong Kong Stock Exchange for the listing of the Boxing Ma Xiansheng as soon as possible in the next two weeks. It is expected to be approved for about one month.After the news, it was publicly promulgated and listed in November.
Hema Xiansheng responded to the Hong Kong Economic Daily, Surging News, and China Fund News and other media inquiring about the listing plan for listing in Hong Kong in November, they all said they would not comment.
In April of this year, Bloomberg quoted people familiar with the matter that Hema Xiansheng was preparing to go to Hong Kong IPO with China CICC and Morgan Stanley.time.
Alibaba founder Ma Yun first proposed the new retail concept in October 2016, emphasizing that online and offline retail and logistics must be combined.EssenceIn 2017, Ma Yun appeared in Hema Xiansheng Store and publicly appeared as its platform. Ma Yun held up the photos of the emperor crab in the store, which made the outside world impress Hema.
