The headquarters of Tencent in Beijing. Photo: AFP
The headquarters of Tencent in Beijing. Photo: AFP
Regulation

China’s antitrust regulator fines Big Tech firms, including Tencent and Baidu, for failing to report acquisitions

  • The fines are a latest indication that Beijing is serious about reining in malpractice among China’s fast-growing internet giants
  • While the latest investigation is broader, involving 10 cases, analysts do not think it will have a substantial impact on the businesses

The headquarters of Tencent in Beijing. Photo: AFP
The headquarters of Tencent in Beijing. Photo: AFP
READ FULL ARTICLE