Meituan

China tech shares surge after meals supply big Meituan is hit with $534 million antitrust superb

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China tech shares surge after meals supply big Meituan is hit with $534 million antitrust superb

[ad_1] GUANGZHOU, China — Meituan shares surged over 9% on Monday, main China know-how shares larger, after the meals supply big was slapped with a superb on account of an antitrust probe. On Friday, China’s State Administration for Market Regulation (SAMR) said Meituan abused its dominant position within the nation’s on-line meals supply market. The … Read more

Morgan Stanley says there’s worth in China tech shares, listed here are its prime 5 picks

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Morgan Stanley says there's worth in China tech shares, listed here are its prime 5 picks

[ad_1] Chinese language e-commerce functions within the lead as much as the June 18 mid-year buying pageant. Clockwise from prime left: Alibaba Group’s Taobao, Pinduoduo, Alibaba, Alibaba’s Tmall, JD.com and Alibaba’s Idle Fish. Chan Lengthy Hei | Bloomberg | Getty Photos China’s regulatory clampdown on the know-how sector might proceed — however Morgan Stanley stated … Read more