Shares of Chinese tech giants fell in Hong Kong on Monday after Beijing fined some of the country’s biggest internet companies for failing to make proper antitrust disclosures about past deals.
Alibaba Group Holding Ltd., Tencent Holdings Ltd. and Ping An Healthcare & Technology Co., which were named in the latest executive penalty notices, fell 6.4%, 2.7% and 4.0%, respectively. Among competitors JD.com Inc. fell 4.7% and Meituan lost 5.5%.
The…
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