Meituan in dock for monopolistic behavior

The State Administration for Market Regulation has probed into shopping platform Meituan for suspected monopolistic behavior, the administration said on its website on Monday. The regulator said probes into the alleged malpractices will be focused on actions including forcing collaborating merchants to choose between its own online marketplace and those of its competitors for selling products.

More lock-up shares eligible for trading

Lock-up shares worth 72.47 billion yuan ($11.2 billion) will become eligible for trading on China's bourses this week. As of Friday, about 2.81 billion shares of 47 stocks will become tradable on the two stock exchanges in Shanghai and Shenzhen, according to data from financial information provider Wind.

China Daily - Xinhua