Joseph Tsai Chung-hsin, executive vice-chairman of Alibaba Group Holding, expects a “healthy correction” in the valuations of China’s private technology market within the next six to nine months. Photo: Edmond So

‘Distorted’ private tech market valuations to see correction in next six to nine months, says Alibaba’s Joe Tsai

  • The Alibaba executive vice-chairman says there is no end in sight for the US-China trade war
  • Tsai expects tax cuts for small businesses and individuals to help stimulate China’s economy
Topic |   Joseph Tsai

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Joseph Tsai Chung-hsin, executive vice-chairman of Alibaba Group Holding, expects a “healthy correction” in the valuations of China’s private technology market within the next six to nine months. Photo: Edmond So
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There were 2,625 start-ups operating in co-working spaces and incubators in Hong Kong last year. Photo: Fung Chang

Entrepreneurs should focus on the problem, not the technology, says Alibaba’s Joe Tsai

  • In December, there were 2,625 start-ups operating in Hong Kong, up 18 per cent from the previous year
Topic |   Joseph Tsai

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There were 2,625 start-ups operating in co-working spaces and incubators in Hong Kong last year. Photo: Fung Chang
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