China fines Alibaba, Tencent and Baidu for more antitrust violations (CNN – Business)

CNN – Business
China fines Alibaba, Tencent and Baidu for more antitrust violations – Hong Kong (CNN Business)China is bringing the regulatory hammer down yet again on some of the countrys largest tech firms. Shares of Alibaba, Tencent (TCEHY) and Baidu (BIDU) were all slightly lower in Hong Kong on Monday following the announcement. Baidu fell the most, 2.1%, while Tencent slumped 0.3%. …

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