Chinese government acquires 'golden shares' in Alibaba streaming units

Alibaba (BABA) shares rose in premarket trading on Friday even as it was reported that the Chinese government had acquired so-called "golden shares" in two of its units.

Related Keywords

Beijing ,China ,Zhejiang ,Chinese ,Jack Ma ,Ant Group ,Zhejiang Media Group ,Cyberspace Administration Of China ,Reuters ,Stock Unreleased ,Cyberspace Administration ,Financial Times ,Youku Film ,Guangzhou Lujiao ,