China regulator fines Alibaba, Tencent for disclosure violations

SHANGHAI, July 10 (Reuters) – 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 …

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