Alibaba Share - Hong Kong

TehSi99

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Market Supervision Bureau met BABA subsidiary, Meituan, and JD and told them to abide by competition laws amid their battle for market share and using give aways as enticements.

up 3.2% now

How is this going to end? CCP impose new regulations or they themselves stop the price war?
 

thretiredDad

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How is this going to end? CCP impose new regulations or they themselves stop the price war?
CCP Imposes New Regulations
or Enforces Stricter Compliance
or Companies Voluntarily Scale Back the Price War

heng I still hold meituan
maybe monday i will consider to chase jd
 

Jirachi

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Market Supervision Bureau met BABA subsidiary, Meituan, and JD and told them to abide by competition laws amid their battle for market share and using give aways as enticements.

up 3.2% now
Sounds like regulation will come if the 3 companies continues to cut throat one another
 

athulican

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