Tencent president Martin Lau Chi-ping. His firm and PCCW are investing an undisclosed amount in Hollywood film studio and distributor STX Entertainment. Photo: Edmond So

Tencent, PCCW invest in Hollywood studio to bolster film archive

Los Angeles-based STX Entertainment to use funds to expand international operations as well as television, music and digital initiatives

Topic |   Chinese offshore investment

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Tencent president Martin Lau Chi-ping. His firm and PCCW are investing an undisclosed amount in Hollywood film studio and distributor STX Entertainment. Photo: Edmond So
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