Investors see tech giants’ plans to sell shares in subsidiaries as another sign that China’s regulatory crackdown has easedPlans by two of China’s biggest technology companies to sell shares in their subsidiaries could give a jolt of confidence to a Hong Kong IPO market that has been in the doldrums for more than a year.
Chinese e-commerce giant Alibaba Group Holding Ltd., which is listed in Hong Kong and New York, said last week
the super rich will fall
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