My City China regulator fines Alibaba, Tencent for disclosure violations


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[Wastewater study technique finds virus variants sooner; many patients are using meds affected by Paxlovid] 1 day ago 3 days ago 3 days ago 4 days ago 4 days ago SHANGHAI, China has imposed fines on technology giants Alibaba (9988.HK) and Tencent (0700.HK) as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country's market regulator said on Sunday. The State Admnistration for Market Regulation (SAMR) released a list of 28 deals that violated the rules. Five involved units of Alibaba, including a 2021 purchase of equity in its...