Ali loses bid for Unigroup restructuring
Remember how Bloomberg said that Alibaba was about to lose the bid to bail out indebted state-owned chipmaker Tsinghua Unigroup?
Welp, they were right.
Yesterday, indebted state-owned chipmaker Tsinghua Unigroup filed its restructuring plan with the Shanghai Stock Exchange... and Alibaba did...
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Trivium Tech keeps you briefed on the latest developments in China tech policy.