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Real-time News
Ukrainian Prime Minister: During my meeting with Polish Prime Minister Tusk, I expressed to the Polish people their gratitude for their continued support of Ukraine. In the near future, we look forward to signing an agreement on joint control of shared border crossings and resolving technical issues related to registering Ukrainian transport vehicles in the SENT/RMPD system.The Russian Foreign Ministry stated that Russia will blacklist EU representatives who participated in aid decisions to Ukraine and who hold hostile views towards Moscow.On April 27, Alibaba Group (09988.HK) announced on the Hong Kong Stock Exchange that it plans to spin off some of its infrastructure assets by seeking a real estate investment trust (REIT) listing on the Shenzhen Stock Exchange. The underlying asset for the proposed spin-off is Jiaxing Industrial Park, held by two of Alibabas indirectly wholly-owned subsidiaries, Jiaxing Chuanyun and Jiaxing Chuanxiang. On March 13, 2026, the Hong Kong Stock Exchange confirmed that Alibaba could proceed with the proposed spin-off of its infrastructure REIT on the Shenzhen Stock Exchange. The proposed spin-off is expected to be conducted through the establishment of an infrastructure REIT as a publicly offered infrastructure investment fund, with CICC Fund Management acting as the public fund manager. The infrastructure REIT will acquire all the interests of the asset-backed special purpose vehicle (ABS) by subscribing to securities to be issued by the ABS. The ABS will then acquire 100% equity in two special purpose vehicles (SPVs), and the project company holding Jiaxing Industrial Park will be transferred to these SPVs. At that time, the project company will no longer be a subsidiary of Alibaba and will no longer be consolidated into the Groups accounts. Investors will subscribe to units of the infrastructure REIT, which will be listed on the Shenzhen Stock Exchange.The Russian Afrika Korps has confirmed its withdrawal from the northern Malian town of Kidal.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.8 occurred near Litang County, Ganzi Prefecture, Sichuan Province (30.35°N, 99.76°E) at 19:44 on April 27. The final result is subject to the official rapid report.
