China Tech Stocks Slump as Nation Issues Draft Competition Rules
A wave of selling in China’s bellwether technology stocks continued for a fifth day, following Beijing’s latest moves to tighten its grip on the nation’s internet giants.China tech stocks slump in premarket trading, after China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.The wide-ranging proposals released Tuesday come after the tech-industry ministry launched a campaign last month aimed at rooting out a raft of problematic behav
Anlu Rural Commercial Bank in Hubei Fined 505,000 Yuan for Cybersecurity and Other Regulatory Breaches
On March 19, financial authorities announced that the People's Bank of China Xiaogan Branch has issued an administrative penalty decision against Hubei Anlu Rural Commercial Bank. The bank was...