Alibaba’s Sun Art Retail Group trading suspension has fueled speculation about a potential divestment of its stake in the hypermarket operator. The move comes after Alibaba purchased a controlling stake in Sun Art in 2020. Private equity firms are reportedly interested in acquiring Sun Art, while Alibaba might benefit from China’s stimulus plans. Despite recent challenges, Alibaba’s fiscal first-quarter 2024 results show growth in international commerce, suggesting a strategic shift towards global expansion.