Chinese giants lead the pack as industry cashes up

Chinese internet giants Alibaba, Baidu, and Tencent have spent a record US$7.4 billion on acquisitions this year, and their smaller listed peers are raising capital faster than ever to join the technology deal rush.

via Business feed http://www.scmp.com/business/china-business/article/1387097/chinese-giants-lead-pack-industry-cashes