Fangda Partners and Slaughter and May are advising Alibaba Group on the $1.6 billion sale of Chinese hypermart Sun Art Retail Group to Beijing private equity firm DCP Capital. The buyer is ...

China’s e-commerce pioneer expects gross proceeds of up to HK$12.3 billion ($1.6 billion) from selling its more than 70% holding in the chain of Costco-like hypermart stores. That’s ...

China’s e-commerce pioneer expects gross proceeds of up to HK$12.3 billion ($1.6 billion) from selling its more than 70% holding in the chain of Costco-like hypermart stores. That’s significantly less ...