China's Kuaishou says state broadcaster has no veto rights over business
Source: Reuters
BEIJING, Nov 9 (Reuters) - Chinese online video company Kuaishou (1024.HK) dismissed as untrue on Wednesday what it called "online rumours" that a state broadcaster would be able to veto its business decisions after taking a stake in its Beijing unit.The platform said state-owned broadcaster the Beijing Radio and Television Station (BRTS), had only taken an equity stake in one of its Chinese units and the deal…
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