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Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortcomings in lithography and EDA software (Bloomberg)

Bloomberg : Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortc...

22 November 2023

Internal Alibaba memo: Jack Ma has not yet sold any Alibaba stock due to the price not reaching his desired level; Ma planned to sell 10M shares for ~$870M (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
Internal Alibaba memo: Jack Ma has not yet sold any Alibaba stock due to the price not reaching his desired level; Ma planned to sell 10M shares for ~$870M  —  - Ma earlier planned to sell 10 million shares this week  — Alibaba's overhaul in doubt after canceling cloud spinoff

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