Which Chinese tech giant is the better overall investment?
Kenneth Akintewe of abrdn says Chinese stocks have started consolidating over the last few months, and he has some confidence when it comes to investing in the Chinese market.
Meituan was dinged for anticompetitive behavior, but the stock is bouncing higher.

Why Is Everyone Talking About Meituan Stock?

08:52am, Friday, 15'th Oct 2021
China's regulators have wrapped up their antitrust probe of the delivery giant.
On Sunday, China's State Administration for Market Regulation (SAMR) slapped a 3.44 billion yuan ($534.3 million) fine on Chinese food delivery giant Meituan ( HKSE:03690 , Financial) for “abusing i
Chinese tech stocks have rebounded after Beijing slapped a smaller-than-expected fine of $534 million for food delivery company Meituan. CNBC's Eunice Yoon reports.
Shares of Meituan (OTC: MPNGF), Alibaba Group Holding Limited (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Baidu Inc (NASDAQ: BIDU), Tencent Holdings (NASDAQ: TCEHY), and BYD Co (OTC: BYDDY) are all tradi
China's market regulator slapped Meituan with a 3.44 billion yuan ($534.3 million) fine for abusing its dominant position. But the fine was lower than expected and cleared an overhang for the food del
Analysts said the antitrust fine has removed an "overhang" over food delivery giant Meituan and the company's shares rallied more than 7% in Hong Kong trade.
Chinese food-delivery firm Meituan (OTC: MPNGF) paid a penalty of over $533 million for engaging in anticompetitive practices, the Wall Street Journal reports. The State Administration for Market R
Chinese regulators fined food delivery giant Meituan 3.44 billion yuan ($534 million) for violating the country's anti-monopoly regulations, the latest fine in Beijing's campaign to clampdown on the c
China has fined food delivery giant Meituan 3.4 billion yuan ($527 million) for monopolistic practices and ordered it to undertake a "comprehensive rectification", the market watchdog said Friday.
BEIJING (Reuters) -China's antitrust regulator has fined food delivery giant Meituan 3.4 billion yuan ($527.4 million) for abusing its dominant market position, the watchdog said on Friday, the latest
The $530 million fine is Beijing's second major penalty this year against an internet company accused of monopolistic practices.

Why Are Chinese Stocks Down This Year?

02:50pm, Thursday, 30'th Sep 2021
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