Let's Talk, Singapore with Neil Humphreys and Audrey SiekAlibaba Split: Logistics arm, Cainiao, eyes 2023 IPO, is this the first of many more to come?
Alibaba Group Holding’s logistics arm, Cainiao Network Technology, that is currently valued at more than $20 billion, has started preparations with banks for its Hong Kong initial public offering.
This comes after the Chinese tech giant announced that it will split its empire into six business unites.
Chinese tech stocks also jumped following the news.
It seems very vibrant now and is the a sign of easing of China's tech crackdown?
On Bigger Picture, Willie Keng finds out from Chong Ser Jing, Co-founder and portfolio manager of Compounder Fund.
In 2 playlist(s)
Let's Talk, Singapore with Neil Humphreys and Audrey Siek
Start your day with the stories shaping Singapore — and your place in it. Join Neil Humphreys and A…Social links
Recent clips
The Final Score: Premier League giants face potential banana skins, will they slip up?
08:01
Breakfast Bites: Is sharing your location with your partner healthy? 📍🗺️
11:24
Singapore Unboxed: 700 years, 2,000 artefacts and a trip back in time… What is it?
19:53