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Chinese AI Mogul’s Wife Admits to $21 Million of Secret Trades

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April 12, 2024, 4:15 a.m. | John Liu, April Ma, Yuan Gao

Bloomberg Technology bloomberg.com

Chinese regulators are zeroing in on one of the country’s most prominent AI and computing firms, after a probe uncovered how the chairman’s wife secretly traded 150 million yuan ($21 million) of company stock during a year-long mega-rally.

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