Bad News Is Now Good News In China As Market Awaits Stimulus
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Alibaba's $32 billion day signals breakups for China tech
China’s online commerce leader surprised markets by announcing Tuesday plans to split its $220 billion empire into six units that will individually raise funds and explore initial public offerings.
Source: moneycontrol.com
Jack Ma's Alibaba to split $329 billion empire into six units
The Chinese tech giant addresses two objectives that have eluded many of its rivals: appeasing a distrustful government and investors traumatised by a regulatory crackdown.
Source: afr.com
Alibaba's $42 billion day signals breakups ahead for China's other tech titans
Alibaba shares soared more than 14 per cent in New York trading on Tuesday on news of its split. Read more at straitstimes.com.
Source: straitstimes.com