Alibaba to invest $640m in Hong Kong entertainment industry

HONG KONG -- China's Alibaba Group Holding said Monday that it will invest at least 5 billion Hong Kong dollars ($640 million) in Hong Kong's entertainment sector over the next five years to support and strengthen the production of movies and other visual content. The announcement was made at the…#hongkong #alibabagroupholding
Source: Reuters: Health - Category: Consumer Health News Source Type: news