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View all search resultsChina halted the US$37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology and online consumer lending firm founded by billionaire Jack Ma.
Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8 percent from 6.4 percent, cashing out around US$9.6 billion at its current share price, the firm’s annual filing released on Friday showed.
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