Alibaba said on Apr 27 that Hong Kong's exchange cleared a proposed REIT spin-off of a logistics park

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

In an announcement made in Hong Kong on Apr 27, 2026, Alibaba said the Hong Kong Stock Exchange confirmed on Mar 13, 2026 that the company could proceed with its proposed spin-off of a logistics park through a real estate investment trust (REIT) seeking a listing on the Shenzhen Stock Exchange. Alibaba said the spin-off's underlying asset was the Jiaxing Park, held through indirect wholly owned subsidiaries, and that the exchange also granted it a waiver from strict compliance with the requirement to give shareholders an assured entitlement to units in the trust. Alibaba said the REIT's listing remained subject to approval by the Shenzhen exchange and the China Securities Regulatory Commission. The announcement is an exhibit to Alibaba's Form 6-K of Apr 27, 2026, the report a foreign company files with the U.S. Securities and Exchange Commission.1^,2^,3^,4^,5^,6^,7^,8^,9^,10^,11^,12