China Investigates DuPont China for Alleged Anti-Monopoly Law 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 is based on suspicions that the company may have violated China's anti-monopoly laws. SAMR emphasized that the investigation is being conducted "in accordance with the law," underscoring the seriousness of the allegations.

Market Reaction: 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 reaction highlights the potential impact of the investigation on DuPont's global operations and investor confidence.