China’s Government to Take ‘Golden Shares’ in Alibaba, Tencent Units

China’s Government to Take ‘Golden Shares’ in Alibaba, Tencent Units

China’s government entities are set to take so-called “golden shares” in units ofAlibaba Group Holding Ltd.andTencent Holdings Ltd., the country’s two biggest internet firms. This suggests Beijing is moving to exert greater control over the sector. Jill Disis reports on Bloomberg Television.

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