I'm Not Afraid of Lawsuit over Fake Goods, Ma Says

(Hong Kong and New York) – Alibaba Group chairman Jack Ma has put on a brave face in response to a class action lawsuit filed against his company in the United States, saying it is part and parcel of listing overseas and a Chinese firm should be courageous in such situations.

Ma, a co-founder of the e-commerce firm, made the comments at a function sponsored by the Our Hong Kong Foundation, a think tank launched by Tung Chee-hwa, who once led the former British colony.