Jack Ma's Alibaba climbs after the the billionaire gives up control of Ant Group
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Jack Ma Shu Zhang/Reuters Hong Kong-listed shares of Alibaba climbed 8.7% Monday, marking its sixth trading session of gains. The rally comes as billionaire Jack Ma gives up control of Ant Group, the fintech business empire he built decades prior. Ant saw its $37 billion IPO canceled at the last…
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