According to a report from the Wall Street Journal, the Chinese government has ordered Alibaba Group Holding Ltd to divest all of its media assets. Discussions over the matter have been ongoing since the beginning of this year, with sources… Read More ›
stakes
China’s Big Fund trim stake in tech sector
On Saturday, China’s state-backed semiconductor fund announced plans to trim its stakes in select tech firms, even as foreign investors continued to increase their exposure to its tech sector. China’s National Integrated Circuitry Investment Fund, which is known as the… Read More ›