Alibaba Pictures shares gain despite loss after auditor signs off on first-half accounts

Shares of Alibaba Pictures, a film and television production firm taken over by e-commerce giant Alibaba Group in March, gained as much as 10.6 per cent after it posted a net loss for the first half of the year but said its auditor had not found irregularities that would

via South China Morning Post - Business feed http://ift.tt/1E0MfHW