WebJul 13, 2024 · As a result, Hong Kong-listed shares of Alibaba plunged 5.8%. Tencent fared slightly better, dropping just 2.9%. The tech selloff dragged down the Hang Seng Tech Index in Hong Kong by nearly 3.9% ... WebAug 7, 2024 · In addition, Tencent already has its own music division - Tencent Music Entertainment (TME). And a share-swap in 2024 saw it take a 7.5% stake in streaming giant Spotify (Spotify got 9.5% of TME ...
How China’s sports business role has grown over more than 20 …
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China Anti-Monopoly Law: Market Regulator Fines Alibaba, Tencent …
WebJan 27, 2024 · In July, the Chinese government first banned companies in the edtech (education technology) sector – in which Naspers has invested – from receiving foreign funding and issued new rules limiting their ability to make profits. A few weeks later, Tencent was forced to give up signing exclusive contracts with music copyright holders. WebAug 6, 2024 · After China's State Administration for Market Regulation (SAMR) fined … WebJul 11, 2024 · China’s market regulator announced on July 10 that it has fined technology behemoths Tencent and Alibaba as well as a number of other companies for breaking anti-monopoly regulations regarding the disclosure of transactions. A list of 28 transactions that broke the rules was published by the State Administration for Market Regulation (SAMR). dark shadows online sa prevodom