Hong Kong-based South China Morning Post (SCMP) is one of the most well-known media outlets in the city. Recently, there have been reports that a Chinese state-backed company might acquire SCMP. However, the outlet has confirmed that there are no such plans in place. SCMP is currently owned by Jack Ma’s Alibaba Group. Speculation about SCMP’s sale to a Beijing-backed entity began following a Bloomberg report published on Nov. 5. People familiar with the matter revealed to Bloomberg that Bauhinia Culture (Hong Kong) Holdings Ltd. is interested in a deal with the outlet. Since Bauhinia is state-owned, acquiring SCMP would…