Market Chatter: Weibo, Kuaishou Come Under Regulatory Scrutiny Over Alleged Lax Content Control

MT Newswires Live

Sep 23

Chinese microblogging platform Weibo (HKG:9898) and short video app Kuaishou Technology (HKG:1024) came in the crosshairs of local regulators over what authorities said were lax content control, the South China Morning Post reported Monday.

According to the Cyberspace Administration of China, both companies failed to crack down on celebrity gossip which ended up becoming trending topics on their platforms.

The internet regulator said it took disciplinary actions against the firms, including official warnings and corrective orders with a compliance deadline, the SCMP reported.

Acknowledging the criticism, the companies said they were investigating the matter and would take remedial steps.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0588546209.SGD","symbol_name":"Eastspring Investments - China Equity Fund AS SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2569366763","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2569366763","pubTimestamp":1758598597,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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