China sees more state-sector funds launched after policy drive streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Chinese asset managers are rushing to launch funds to woo investors into state-owned firms, whose shares have surged this year as Beijing pushes the market to revalue the previously overlooked state
China sees more state-sector funds launched after policy drive | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Group CEO Daniel Zhang said the company s breakup into separate businesses will allow its units to become more agile and eventually launch their own initial public offerings (IPO).
Alibaba Group said today it will look to monetise non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped 70% off its shares.