Key takeaways – Stocks in China plunged Monday as the country’s anti-monopoly authority announced multiple fines for failure to report past merger activities – Alibaba and Tencent (a Chinese ecommerce giant and the owner of TikTok, respectively) were among the guilty parties fined – The Hang Seng Tech Index in Hong Kong dropped nearly 3.9%, while the broader Hang Seng Index fell about 3% – China is expected to continue its crackdown on monopolies – particularly in the tech sector – in the coming year Chinese [stocks](//ctrly.io/eJala) dropped sharply Monday, pressured by an unprecedented tech selloff amid Covid lockdown-related weakness…