Why is Alphabet stock climbing today?

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  The move forms a central part of the government's subsidiary monetization program, which has also spurred public listing preparations across other major state-run mining arms. Potential proceeds from the pure secondary offering will flow directly to the parent company to dilute its holdings rather than fund new capital expenditures. This planned divestment provides public investors direct exposure to the nation's second-largest coal producer amid expanding operational profitability.

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