Alibaba's breakup plan lifts hopes China's tech crackdown is ending
Investors cheered a major revamp of Alibaba Group as a sign Beijing’s crackdown on the corporate sector was nearing an end, sending shares of the Jack…
Source: financialpost.com
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Investors cheered a major revamp of Alibaba Group as a sign Beijing’s crackdown on the corporate sector was nearing an end, sending shares of the Jack…
Shares in top Chinese tech firms rise after Alibaba plan fuels hopes of letup in regulatory scrutiny of the sector.
Shares in Alibaba Group and other leading Chinese tech firms jumped on Wednesday, as investors cheered an unprecedented revamp of the Jack Ma-founded company as heralding the beginning of the end to Beijing’s crackdown on the sector.