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The Chinese government is tightening its grip on Alibaba, Tencent and other tech companies • Mezha Media

The Chinese government is tightening its grip on Alibaba, Tencent and other tech companies • Mezha Media
mezha.media - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mezha.media Daily Mail and Mail on Sunday newspapers.

Wu shugangJack maAnt groupGuangzhou lujiao information technologyCyberspace administration of chinaBytedance technologyCommunist partyCyberspace administrationGuangzhou lujiao informationBeijing bytedance technology

China is reportedly buying Tencent shares that give the Communist Party special rights

The stakes usually involve a 1% holding and are known as "special management shares," according to the Financial Times.

Kevin frayer gettyWu shugangChina communist partyCyberspace administration of chinaBytedance technologyAlibaba guangzhou lujiao information technologyCommunist partyCyberspace administrationGuangzhou lujiao information technologyBeijing bytedance technology

China is moving to acquire the golden shares in the units of Alibaba and Tencent

China is moving to take the "golden shares" in domestic units of Alibaba and Tencent as Beijng formalizes a bigger role in overseeing the country's

Ali babaJinri toutiaoWu shuugangZhou moWangtouzhongwen beijing technologyGuangzhou lujiao information technologyCyberspace administration of chinaRegulations companyDouyin information serviceBytedance technologyCommunist partyCyberspace administrationBeijing radioFinancial timesBytedance gold shareBeijing bytedance

China to take golden shares in tech firms Alibaba and Tencent | Chinese economy

Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check

Jack maBytedance douyinAnt groupGuangzhou lujiao information technologyCyberspace administration of chinaTwitter like weiboCyberspace administrationGuangzhou lujiao informationTencent videoWhatsapp like wechatBeijing radio

China Buys Alibaba, Tencent Shares That Give Beijing Rights Over Business

The stakes usually involve a 1% holding and are known as "special management shares," according to the Financial Times.

Wu shugangChina communist partyTerms of serviceCyberspace administration of chinaBytedance technologyAlibaba guangzhou lujiao information technologyCommunist partyCyberspace administrationGuangzhou lujiao information technologyBeijing bytedance technologyMi exclusiveRian evans