On June 26, Hong Kong media reported that Ali's new retail platform box Ma Xiansheng would be listed in November. In this regard, box Ma Xiansheng said to surging news, no comment.

According to the Hong Kong Economic Daily, as Ali's new retail platform driven by data and technology, Hema Xiansheng is stepping up preparations for listing and applying for a spin-off in the next two weeks in accordance with the 15th application guideline (PN15) of the listing rules. This will also be the first company to be listed after Alibaba's reorganization and split.

Earlier on the evening of May 18, Alibaba Group announced that if progress goes well, Alibaba Cloud will be completely spun off from Alibaba Group and go public within the next 12 months. Cainiao and Hema will launch their listing plans. The former is expected to be completed in the next 12 to 18 months, and the latter is expected to be completed in the next 6 to 12 months. Ali International Digital Business Group also launched external financing to support its rapid expansion in the global market.

In March of this year, Zhang Yong, Chairman and CEO of Alibaba Group, issued a full letter announcing the launch of the "1 6 N" organizational change. Under Alibaba Group, six major business groups and a number of business companies will be set up, including Aliyun Intelligence, Taobao Tmall Business, Local Life, Cainiao, International Digital Business, and Grand Entertainment. All qualified business groups and companies will have the possibility of independent financing and listing. After this organizational change, Alibaba Group will fully implement holding company management.