Beijing investigates DuPont China

(Source: baha news)
EPA/LAURENT GILLIERON

China's State Administration for Market Regulation (SAMR) revealed on Friday in a statement that it is starting an investigation into DuPont China Ltd.

The company is believed to have allegedly violated China's anti-monopoly law, SAMR said, adding that the probe is being carried out "in accordance with the law."

Dupont De Nemours Inc.'s United States-listed stock slid 9.27% in the premarket following the news.

Baha Breaking News (BBN) / AY

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