![Alibaba to pay RM1.15 billion for Hong Kong's SCMP newspaper Alibaba to pay RM1.15 billion for Hong Kong's SCMP newspaper](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-12/71449841954_SouthChinaMorning.jpg)
Alibaba to pay RM1.15 billion for Hong Kong's SCMP newspaper
The Chinese internet giant will pay US$266 million for Hong Kong's South China Morning Post, in an acquisition that has sparked fears the paper will lose its independent voice.
Mon Dec 14 2015