Exclusive: China launches antitrust probe into Tencent-backed property broker KE


Source: upnewsinfo.com upnewsinfo.com

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© Reuters. FILE PHOTO: A woman wearing a face mask following the coronavirus disease (COVID-19) outbreak rides past real estate broker Lianjia near a residential compound in Beijing, China August 11, 2020. Picture taken August 11, 2020. REUTERS/Tingshu Wang BEIJING (Reuters) – China’s market regulator has begun an investigation into suspected anti-competitive practices by KE Holdings, the country’s biggest housing broker whose top backer is Tencent Holdings (OTC:), two people who know of the matter said. The investigation is the latest into China’s big so-called “platform” companies that match sellers and buyers, several of which have been accused by regulators...