Getty Images 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 dropped sharply Monday, pressured by an unprecedented tech selloff amid Covid lockdown-related weakness in the…