Business & Finance

Reuters exclusively reports China launches antitrust probe into Tencent-backed property broker KE

Reuters exclusively reported that China’s market regulator has begun an investigation into suspected anti-competitive practices by KE Holdings, the country’s biggest housing broker ,whose top backer is Tencent Holdings. The investigation is the latest into China’s big so-called “platform” companies that match sellers and buyers, several of which have been accused by regulators of exploiting consumers. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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