China's market regulator has fined Luxshare Precision Industry Co Ltd 900,000 yuan ($125,000) for failing to properly declare its acquisition of part of Wingtech Technology Co Ltd's business before completing the transaction, in a case Beijing said highlighted a softer "education combined with punishment" approach to antitrust enforcement.

China's market regulator has fined Luxshare Precision Industry Co Ltd 900,000 yuan ($125,000) for failing to properly declare its acquisition of part of Wingtech Technology Co…

China’s SAMR has fined Luxshare and Wingtech for procedural violations in their now-collapsed asset deal, signalling tighter merger enforcement.