$Alibaba(BABA)$ BABA remains a holding company of LESS than their current percentage of 100%. So, value to BABA is cut in half immediately with the split. 63% was the number mentioned in your article. I have read 60% in others. The new percentage of 60% still holds true even if BABA gets that number in shares of the new offerings. STILL no direct link to BABA share holders beyond the original 40% loss of each arm with the split.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
