Beijing Investigates DuPont China Over Alleged Anti-Monopoly Violations
In a significant move, China's State Administration for Market Regulation (SAMR) announced on Friday that it has initiated an investigation into DuPont China Ltd. The probe, conducted "in accordance with the law," targets alleged violations of China's anti-monopoly law by the company.
Market Impact: Following the announcement, Dupont De Nemours Inc.'s stock, listed in the United States, experienced a sharp decline, dropping by 9.27% in premarket trading. This development has drawn widespread attention from investors and market analysts worldwide.
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