The Trader 

Market Outlook: Internet investigated

The Trader

CNBC reports that this morning mainland China’s cyberspace administration is investigating internet giants Baidu, Sina Weibo and Tencent for cyber-security violations.  An English translation of the notice states that the social media platforms of these three (Tieba, Weibo and WeChat) have been spreading ‘violence and terror, false rumours, obscene pornography and other content that endangers security, public safety and social order’.

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