China’s Richest Tech Billionaires Are Selling Their Shares While The Markets Are Hot

Jack Ma, billionaire and cofounder of Alibaba Group Holding. Andrey Rudakov/Bloomberg China’s top three tech tycoons have recently pared back their holdings in the companies they founded by selling or transferring shares worth billions of dollars. Alibaba’s Jack Ma, Pinduoduo’s Colin Huang and Tencent’s “Pony” Ma Huateng appear to be taking advantage of overheating markets…