Hong Kong billionaire Li Ka-shing’s firm is selling its stake in the parent company of fintech upstart AMTD Digital, according to a statement released Thursday, after the company enjoyed a massive rally this week. Hong Kong-based AMTD Digital was worth more than $203 billion when New York markets closed on Wednesday, making it the world’s fifth-biggest financial company on paper, Bloomberg reported.

Hong Kong billionaire Li Ka-shing's firm to sell stake in fintech upstart DX Journal comes via ChinaTechNews.com.