Asia-Pacific stocks mixed; China announces new anti-monopoly rules aimed at tech giants

Investors will be watching Hong Kong listed shares of Chinese tech giants Alibaba, Tencent and JD.com on Monday.

China's State Administration for Market Regulation released Sunday new anti-monopoly guidelines that target internet platforms. Meanwhile, U.S. President Joe Biden said his administration was prepared for "extreme competition" with China, though his approach would be different than his predecessor. SINGAPORE — Stocks in Asia-Pacific were mixed in Monday morning trade, as investors are expected to monitor shares of China's tech giants following the

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China announces anti monopoly rules...that's laughable. China has one monopoly, the one making the rules.

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Source: CNBC - 🏆 12. / 72 Read more »