Browsing Tag
State Administration for Market Regulation
6 posts
China copper supply condition puts Anglo Teck merger at centre of concentrate squeeze
China is reportedly seeking copper concentrate supply commitments before approving the Anglo American and Teck Resources merger. The demand would connect a $54 billion transaction involving only about 5% of global copper supply to a much bigger problem: China’s enormous smelting industry is running short of mine feed.
China investigates Meituan and Alibaba units in widening online travel crackdown
Chinese regulators are investigating businesses linked to Meituan and Alibaba alongside Tongcheng and Tujia over suspected unfair competition in online hotel and travel booking. The action expands enforcement across a sector already shaken by a 5.2 billion yuan penalty against Trip.com and puts platform practices, merchant terms and investor risk back under the microscope.
Tesla faces 2.98 million-vehicle China recall as door-handle safety crackdown hits EV industry
Tesla accounts for nearly 2.98 million vehicles in China's record recall over emergency door-access concerns, while regulators are tightening rules on concealed EV handles.
Johnson Matthey (LSE: JMAT) shares rise as China clears ÂŁ1.3bn Honeywell catalyst sale
China’s approval removes the final condition from Johnson Matthey’s Catalyst Technologies disposal, bringing a £1 billion shareholder return and a more focused industrial portfolio closer to completion.
Axcelis Technologies, Veeco Instruments move closer to $4.4bn semiconductor equipment combination
Axcelis Technologies shareholders approve the Veeco Instruments merger. Find out what changes now, what risks remain, and what it means for investors.
China’s SAMR rejects Tencent’s $5.3bn Huya, DouYu merger deal
China’s State Administration for Market Regulation (SAMR) said that it will block Tencent Holdings’ planned $5.3 billion merger…