China probes Alibaba-linked firm over market volatility

China's securities regulator said it is investigating Hundsun Technologies, which is linked to e-commerce giant Alibaba, over allegations it played a role in recent stock market turmoil. Hundsun's financial investment platform HOMS enables financial firms and online lenders to provide trading facilities to their clients, according to Bloomberg News. The China Securities Regulatory Commission (CSRC) said late Monday that it had organised law enforcement authorities to inspect Hundsun fo