Daily Updates
China's antitrust watchdog fined Alibaba and Tencent ~$76.6K each over a pair of years-old acquisitions and said it's reviewing an impending Tencent-led merger (Bloomberg)
Bloomberg:
China’s antitrust watchdog fined Alibaba and Tencent ~$76.6K each over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger — – Alibaba, China Literature didn’t declare deals to regulators — SAMR is scrutinizing the proposed merger of Huya and DouYu
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