SAMR Approves Fosun Media Acquisition of Chaoxin Media with Restrictive Conditions

36Kr reports that the State Administration for Market Regulation (SAMR) received an antitrust filing regarding Fosun Media Information Technology Co., Ltd. (hereinafter referred to as Fosun Media)'s acquisition of equity in Chengdu Chaoxin Media Group Co., Ltd. After review, SAMR decided to approve this concentration of undertakings subject to restrictive conditions. In accordance with Article 36 of the Anti-Monopoly Law of the People's Republic of China (hereinafter referred to as the "Anti-Monopoly Law"), this announcement is hereby issued.