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China Watchdog Fined Alibaba, Tencent Over Reporting Past Deals

https://www.bloomberg.com/news/articles/2022-07-10/china-watchdog-fined-alibaba-tencent-over-reporting-past-deals
China’s antitrust watchdog fined companies including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. for not properly reporting past transactions, according to a statement Sunday from the State Administration for Market Regulation.

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