Alibaba's Sun Art trading suspension sparks speculation of stake divestment, SCMP reports. Sun Art's revenue dropped 13.3% to $10.3 billion amid supply chain issues. Alibaba Group Holding BABA ...
Alibaba Group Holding (NYSE:BABA) owned Sun Art Retail Group’s suspension of trading signaled speculation of Alibaba’s divestment of stake in the hypermarket operator, SCMP reports.