# Alibaba Plans to Spin Off T-Head for a Hong Kong Listing

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/53956
Published: 2026-11-11T12:44:59.000Z
Updated: 2026-11-11T12:44:59.000Z
Section: Business

> T-Head filed confidentially on Sept. 11 for an H-share listing and is expected to remain an Alibaba subsidiary.

Alibaba Group plans to spin off its semiconductor unit T-Head for a Hong Kong listing, a proposed transaction that would open a new public-market route for the unit while leaving it under Alibaba’s control.

Alibaba disclosed Tuesday, Nov. 10, that the Hong Kong Stock Exchange had confirmed the group could proceed with the proposed separation. T-Head had submitted a confidential A1 application on Sept. 11, 2026, seeking approval for its H shares to list and trade on the exchange’s main board.

The planned sale would take place through a global offering, with a Hong Kong public offering and placements to institutional and professional investors. Alibaba expects T-Head to remain a subsidiary after the proposed listing.

The transaction is not final: it requires approval from the exchange’s listing committee, completion of a filing with the China Securities Regulatory Commission, and final decisions by both Alibaba and T-Head. Alibaba cautioned shareholders and prospective investors to exercise care when trading or investing in its securities as the plan remains conditional.