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Shanghai Orders Xiaohongshu, Bilibili to Remove Messages Talking Down Property Mkt
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The Shanghai branch of China's cyberspace regulator announced on its WeChat account that it launched a special campaign together with several other departments in mid-October. Aimed at regulating online real estate information, this campaign required platforms like Xiaohongshu and BILIBILI-W (09626.HK) to conduct self-inspections, remove more than 40,000 messages that disparage or distort the property market, handle over 70,000 user accounts, and take action against more than 1,200 non-compliant livestream rooms. AAStocks Financial News |
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