Alibaba, Tencent, Baidu to hold big stakes in Foxconn unit after US$4.3 billion IPO

It would be the most valuable listing in mainland China since financial services firm Guotai Junan’s US$4.8 billion flotation in June 2015. The date of the listing has yet to be set. The biggest allocation in the IPO – 72.549 million shares worth 1 …
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