China Mall Operator’s Shares Soar 20% On Word New Alibaba CEO Poised To Become Its Chairman

Shares in Intime Retail (Group), a Chinese mall operator 32% owned by e-commerce giant Aliababa Group, soared by almost a fifth in Hong Kong today after the company announced that Alibaba’s new CEO Daniel Zhang is poised to become chairman next month.

from Forbes – Business http://ift.tt/1L0MnWZ
via Abogado Aly Business Consulting

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