Shares in Wasu Media Holding rose by their 10% daily limit at the Shenzhen Stock Exchange today after it said an investment firm controlled by billionaire Jack Ma would purchase a 20.6% stake for $1.05 billion. The purchase will be financed by a loan of almost the same amount by Alibaba [...]
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Shares In Wasu Media, The Latest Object Of Jack Ma's Attention, Rise By 10%
#ShenzhenStockExchange, #JackMa, #WasuMedia
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