Technology

Sources: an entity under China's CAC acquired a 1% stake, or "golden shares", in an Alibaba subsidiary, and plans on taking a similar stake in a Tencent unit (Financial Times)


Financial Times:

Sources: an entity under China’s CAC acquired a 1% stake, or “golden shares”, in an Alibaba subsidiary, and plans on taking a similar stake in a Tencent unit  —  Beijing changes tack in its efforts to secure a firmer grip on the country’s tech giants


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