By Jazz Tangcay
13.04.2020 - 07:37 / variety.com
By Patrick Frater
Asia Bureau Chief
Alibaba Pictures, the separately listed entertainment arm of Chinese e-commerce giant Alibaba, warned that its losses will be at least $155 million in the year to March recently completed. It blamed the coronavirus outbreak and “complicated difficulties” within the mainland Chinese entertainment industry in 2019.
In a filing to the Hong Kong Stock Exchange issued after trading hours and during a four-day public holiday, the company said that the
By Jazz Tangcay
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