Does it support Adaptive Bit Streaming?

I created a POC with this player but looks like Adaptive Bit Streaming is not working or I do not know how to configure the player. Can you please guide me and tell me if it is possible or not?

I am trying to play this Live Streaming -> http://cds.y5w8j4a9.hwcdn.net/zlivingusa/index.m3u8

It plays but the client reported me that bug.

Thanks in Advance,
Maira