Alibaba's historic restructuring may show Beijing is warming to Chinese tech giants
Alibaba announced that it would create six business units as it looks to unlock shareholder value. But the move could highlight that the Chinese government is relaxing scrutiny and pressure on the domestic tech sector, CNBC's Arjun Kharpal reports.
UP NEXT
NOW PLAYING: other
Alibaba's historic restructuring may show Beijing is warming to Chinese tech giants
CNBC
UP NEXT
-
The Look Ahead: June 9, 2023
CNBC
-
Is airline elite status losing its luster?
-
Walmart expands specialty pharmacies in fight against HIV
-
We're entering a 'golden era' for U.S. construction: Thompson Research CEO
-
Here's how livestream shopping is driving billions of dollars in sales
-
Netflix and Warner Bros. Discovery among streaming stocks on the rise
-
Tesla's competitors realized it built a better product, says Ark's Brett Winton
-
The Week Ahead: June 9, 2023
-
The Week That Was: June 9, 2023
-
Oshkosh CEO John Pfeifer says A.I. advancement will lead to better unmanned productivity
-
Cramer on why the A.I. bears may be wrong
-
Cramer gives his read on the resilient job market
-
Lightning Round: I've given up on Plug Power, too many disappointments and too many strikes
-
Final Trade: GILD, TOL, BAC & MU
-
Netflix notches highest close since Feb. 2022 as password sharing crackdown boosts subscriber growth
-
The Chartmaster Carter Worth says it's time to trim Tesla after his bullish May 31st call
