Monday, April 12, 2021

Tech giant Alibaba plays down impact of record fine

Chinese tech giant Alibaba is playing down the impact of a record 2.8 billion dollar fine from China's antitrust regulator. Analysts say the fine marks a turning point in Beijing's approach to fast-growing Chinese tech companies. But Alibaba's bosses say they are unaware of any similar probes taking place into other companies. 

Richard Kimber reports from Hong Kong. 


IN: Alibaba's Hong Kong-listed
OUT: Richard Kimber, Hong Kong
DUR: 0.46