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MEITUAN-W Slips 5% as CN Plans to Regulate Charging Practices of Online Platforms
Recommend 21 Positive 44 Negative 21 |
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MEITUAN-W (03690.HK) is set to announce its quarterly results today, with its stock price opening 0.5% lower and then deepening its downfall in the early session, currently down 5.04% at HKD130. The trading volume is 20.4915 million shares, involving HKD2.71 billion. China's State Administration for Market Regulation recently drafted the "Compliance Guidelines for Charging Behavior of Online Trading Platforms (Draft for Comments)" and is collecting public opinions. This is to regulate the behavior of online trading platforms in charging commissions, membership fees, technical service fees, information service fees, and marketing promotion fees from operators within the platform; protect the legitimate rights and interests of operators within the platform; and promote the healthy and orderly development of the platform economy. AASTOCKS Financial News Website: www.aastocks.com |
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