Asia-Pacific Shares Mostly Higher; China Launches Anti-Trust Probe into Alibaba
news Asia-Pacific Shares Mostly Higher; China Launches Anti-Trust Probe into AlibabaChina’s State Administration for Market Regulation said it has opened an investigation into Alibaba over monopolistic practices. Dec 24, 2020 01:35 PM GMT The major Asia Pacific stock indexes finished mostly higher on Thursday with China’s Shanghai Index losing ground in reaction to the news that Chinese regulators will probe tech-giant Alibaba for suspected monopolistic behavior. According to reports, China’s State Administration for Market Regulation said through official online channels it has opened ...
Source: fxempire.com