Apple stock fell Wednesday after Bloomberg reported that the Chinese government is exploring the launch of an antitrust probe into the company’s policies.

China's antitrust watchdog is examining Apple's policies, including taking a cut of up to 30% on in-app spending and barring external payment services and stores. The agency has spoken with Apple executives and app developers since last year,

China's antitrust regulator is preparing for a possible investigation into Apple's policies and App Store fees, Bloomberg News reported on Wednesday, citing people familiar with the matter. The development comes a day after China announced measures targeting U.