Alibaba ' s breakup plan lifts hopes China ' s tech crackdown is ending

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. Alibaba said on Tuesday it was planning to split into six units and explore fundraisings…#alibabagroup #jackmafoundedcompany #beijing #hongkong #jdcominc #tencentholdingsltd #hangseng #hangsengtechindex #alibaba #jonwithaar

Source: Reuters: Health - March 29, 2023 Category: Consumer Health News Source Type: news