Chinese actress buys into Alibaba Pictures as it warns of losses
January 26, 2015 at 16:23 PM EST
Jan 26 (Reuters) - Chinese actress Zhao Wei has taken a major stake in Alibaba Group Holdings Ltd's film division, bringing some star power to a company that warned on Monday it could rack up losses of as much as HK$600 million ($77.41 million) for 2014.
