back to article Alibaba buys South China Morning Post, Hong Kong's top newspaper

Chinese e-commerce giant and cloud computing aspirant Alibaba has acquired Hong Kong newspaper, The South China Morning Post. Terms of the deal haven't been revealed, but what is known is that Alibaba now controls the Post, plus a host of fashion magazines the group also owns. The deal's billed as combining Alibab's online …

  1. Your alien overlord - fear me

    What, no mention of Yahoo! in an Alibaba story?

    1. a_yank_lurker Silver badge

      Probably because what the Putrid Palace thinks right now is irrelevant.

    2. Mark 85 Silver badge

      Unless Alibaba's stock price tanks Yahoo! is about as meaningful as MySpace or AOL and they're about to end up being is a holding company for some shares. Their tech is being sold off...

      Given that, we shouldn't be hearing anything about Yahoo! after the tech deal is locked down.

  2. Anonymous Coward
    Anonymous Coward

    editorial independence

    Ha ha.

    SCMP hasn't been worth reading for 15 years.

  3. Anonymous Coward
    Anonymous Coward

    Thing is: the SCMP has been steadily losing journalists and journalistic integrity for many years now. The paper already has a hardline, pro-Beijing editor in chief. Editorials by the incredulous Alex Lo and Tammy Tam are reliable sources of laughter for those already inoculated to the Party line (which, for an English-language publication in Hong Kong probably amounts to 99% of readers).

    Many are feeling that Jack Ma might make the paper more "independent" in a bid to increase overseas readership and local/international credibility. Check out http://hongwrong.com/south-china-morning-post/ for a taste of the drama surrounding SCMP over the years.

    1. Anonymous Coward
      Anonymous Coward

      Jack Ma can't make the paper more "independent" even if that is his wish.

      This isn't how China works. The big businesses are all just government lap dogs along with their billionaire owners.

      In the eyes of the government, the government allowed these people to get rich, in return they must do the government favours whenever called upon. This is common knowledge to those who is in the business world, you're expected to 'pay your repects' to government officials and become an affilate if you want to succeed.

      The moment you try to defy government wishes, they'll dig out more dirt than you've ever known can be possible in order to take you down.

      There is no way SCMP will become more independent, it will just become decidedly pro-Beijing, spewing out more propaganda. The people pulling the strings behind Jack Ma will be the CCP's media governing bodies, simply because Jack Ma has too much to lose within China to not listen to them.

      Jack Ma himself said he wants to change the perception of people's view on his own company, implying the issue of his company's stock underperforming due to reports he did not agree with as one reason, as well as of China as a whole in HK's fight for democracy.

      This is a PR campaign for Alibaba and China, to try to improve their image overseas and in HK while they continue with their injustices and rights violations in the name of social stability.

      All of this will be clear the next time Hong Kong tries again to get true democractic reforms it wants and deserves.

      1. Mark 85 Silver badge

        Re: Jack Ma can't make the paper more "independent" even if that is his wish.

        And yes, CEO's and billionares have been known to disappear in China. There was an article in, IIRC, Forbes recently where a CEO and two board members left the building and weren't seen for a week. Seems they were "helping" with an investigation. Picked up by whatever LEO in China without warning, no notice, no answers to the families. At least these got to return to work eventually. Sometimes, they stay "disappeared".

        I suspect that Jack Ma is very beholden to the government and knows his place and how to word things and not get to big for his britches (Americanism).

      2. Anonymous Coward
        Anonymous Coward

        Re: Jack Ma can't make the paper more "independent" even if that is his wish.

        Wait - do you even read the SCMP? It is already pro-Beijing, and their editorials are intellectually bankrupt.

        Your entire response is a rehash of Western news articles about the purchase scare-mongering about the CCP taking over the English-language newspaper of record in Asia... SCMP is *already* a mouthpiece for Beijing, as anyone who reads their daily editorials would realize.

        Jack Ma is probably not a fool- he should be fully aware of SCMP's current reputation in Hong Kong, and he is aware of the exodus of respected journalists from the paper for well over a decade. Whether he will change the path for the paper, or let it continue in it's pro-Beijing trajectory is to be seen -- What is not happening, however, is any hand-wringing or tears about losing a critical and independent voice for Hong Kong -- those tears have been shed a long time ago.

    2. Lazar

      Just like to point out that the guy who ran Hong Wrong now has an independent English Hong Kong news website at https://www.hongkongfp.com.

      Their stance is quite Anti-China but they try to keep opinions away from the news. You also find several reporters that covered Occupy Mongkok have joined it as well.

      What's funny is that even Michael Chugani has guest posts on the website.

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