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$BABA.US$, $BIDU.US$, $JD.US$, $TCEHY.US$ and several other Chinese companies were fined by China's antitrust regulator over acquisitions that were not properly disclosed in the past.
A total of 43 companies were fined by China's State Administration for Market Regulation and the parties were fined 500,000 yuan ($78,000), according to postings on the agency's website and an AP report.
The fines come after the Chinese regulator first fined several Internet companies in early July including companies owned by Tencent and Alibaba for failing to disclose earlier merger and acquisition transactions for approval, according to the regulator's website.
The pressure on techs from China comes after the country fined Alibaba a record $2.75B in April for anti-monopoly violations and comes as the country has cracked down on ride-hailing firm $DIDI.US$ and others.
A total of 43 companies were fined by China's State Administration for Market Regulation and the parties were fined 500,000 yuan ($78,000), according to postings on the agency's website and an AP report.
The fines come after the Chinese regulator first fined several Internet companies in early July including companies owned by Tencent and Alibaba for failing to disclose earlier merger and acquisition transactions for approval, according to the regulator's website.
The pressure on techs from China comes after the country fined Alibaba a record $2.75B in April for anti-monopoly violations and comes as the country has cracked down on ride-hailing firm $DIDI.US$ and others.
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For beginners, placing an order sometimes can be a difficult task.
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC.US$ $TSLA.US$ $.SPX.US$ $SPY.US$ $.IXIC.US$
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC.US$ $TSLA.US$ $.SPX.US$ $SPY.US$ $.IXIC.US$
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