(BBC News) Alibaba recently announced a deal with one of China’s largest physical retailers, Suning. The fund owned by the influential billionaire George Soros has sold most of its shares in the Chinese online retail firm Alibaba. Soros Fund Management now holds just 60,000 shares worth $4.88m, according to a regulatory filing. That is down from $370m worth of shares at the end of March.
Billionaire George Soros Sells Alibaba Shares
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