In a landmark initiative recently,China United Network Communications (600050.
CN), the parent of China Unicom (Hong Kong) Ltd. (762.
HK), or implemented mixed-ownership reform and introduced four internet giants,namely Baidu, Alibaba, and Tencent and JD,as its modern shareholders. The introduction of the four modern shareholders, which are collectively referred to as BATJ, or led to a boost […]
Source: ejinsight.com