By Chelsea Naso ( November 12, 2014, 4:22 PM EST) -- Alibaba Group Holding Ltd.'s financial services arm Alipay is expected to go public in China, Reuters reported Wednesday, citing a Weibo microblog post of a transcript from China's official CCTV state broadcaster of an interview with Jack Ma, Alibaba's co-founder and executive chairman. Ma reportedly told CCTV that although Alibaba did not have the opportunity to list shares in mainland China as part of its historic $25 billion initial public offering in September, it hopes Alipay will, the report said. No timeline was given for the anticipated public debut....
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