Highlights –
- China investigates monopolistic practices at Alibaba.
- China’s top antitrust watchdog summoned affiliate Ant to a high-level meeting over financial regulations.
- China is said to have separately set up a joint task force to oversee Ant.
- Alibaba shares slid as much as 8.9% in Hong Kong to a five-month intraday through Thursday.
China St....
Tags : CHINA GOVERNMENT, CHINA STATE ADMINISTRATION FOR MARKET REGULATION, ALIBABA, ANT., ANT'S IPO, CHINA FINANCIAL STABILITY AND DEVELOPMENT COMMITTEE,
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