Alibaba Tag

Greenpeace, an environmental protection non-governmental organization (NGO), published the Clean Cloud 2021, a ranking list of energy-related information disclosures and renewable energy use in China’s technology and internet industry, as reported by Caixin on April 21. Specifically, Tencent [0700:HK] topped Chinese internet cloud services companies,...

State Administration for Market Regulation (SAMR) on April 10 announced administrative punishments on Alibaba [BABA:US] for the abuse of its dominant market position according to the Anti-Monopoly Law, as reported by Caixin on the same day. SAMR ordered Alibaba to stop its illegal acts and...

PBoC has drafted regulation to strengthen supervision over non-banking institutions’ payment services on January 20, as reported by JRJ.com on the same day. Notably, the policy this time adds anti-monopoly measures for the non-banking payments industry. Moreover, the regulation highlights the requirement of non-banking payment...

Antitrust regulator, the State Administration for Market Regulations (SAMR), fined Alibaba [BABA:US] Investments, Shenzhen Hive Box Technology, and China Literature [0772:HK], a subsidiary under Tencent [0700:HK], half a million RMB for not gaining certain acquisition or buyout approvals, thus violating anti-monopoly laws, according to Sina...

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