Chinese billionaire Jack Ma’s Yunfeng Capital Co. and alternative-asset manager Hillhouse Investment are among key investors planning to buy shares in the Hong Kong listing of Victory Giant Technology ...
The firms are planning to participate as cornerstone investors, which get guaranteed allocation in a deal in exchange for holding the shares for a period of time, sources said.
Jack Ma, founder of Alibaba, emphasizes that success often hinges on intelligence and focus rather than power or resources.
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