PRESS DIGEST- Wall Street Journal - Jan 2-March 2024-www.financetom.com

PRESS DIGEST- Wall Street Journal - Jan 2

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PRESS DIGEST- Wall Street Journal - Jan 2

Jan 1, 2025 10:46 PM

Jan 2 (Reuters) - The following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

- China's Alibaba Group Holding Ltd ( BABA ) said on

Wednesday it had agreed to sell its majority stake in

hypermarket chain Sun Art Retail Group to Chinese private equity

firm DCP Capital for HK$12.29 billion ($1.58 billion).

- BYD sold a record 514,809 vehicles in the final month of

2024, leading a host of Chinese peers benefiting from a

government trade-in program in the world's largest market for

electric vehicles.

($1 = 7.7735 Hong Kong dollars)

(Compiled by Bengaluru newsroom)

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