Hanwang, bellwether of Chinese ChatGPT frenzy, says big shareholders sold stakes ...Middle East

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Hanwang Technology Co Ltd , widely seen as a bellwether of Chinese interest in ChatGPT-concept stocks, on Friday said several major shareholders reduced stakes over the past few days as it flagged risks following a share price surge. Henan Yellow River Computer System Co Ltd, a top 10 shareholder, sold 2.6 million Hanwang Technology shares between Jan. 30 and Feb. 7, the artificial intelligence (AI) developer said in an exchange filing.

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