Guangzhou Baiyun shares rally on sales plan to Alibaba-led consortium

Shares in Chinese pharmaceutical giant Guangzhou Baiyun soared Tuesday morning after the firm announced plans to sell a 10 billion yuan (HK$12.5 billion) stake to a consortium that includes a private equity group co-founded by Alibaba Chairman Jack Ma.

via South China Morning Post - Business feed http://ift.tt/1y6omvU