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Financial Regulatory Storm
In response to the central government’s recent calls to rein in financial risks, regulators of banks, insurers and the stock market have rolled out measures targeting long-standing issues in this sector
Five Things You Need to Know About China’s New Cabinet-Level Financial Stability Committee
Initiative to improve interagency coordination, shift away from easy money without sacrificing economic growth
Exclusive: Chinese Illegal Margin Financing Mastermind Surrenders U.K. Assets
Song Shijie has been on the lam from Chinese authorities over his alleged involvement in criminal securities transactions and money laundering
Chinese Robot Startup Unitree Gears Up for Market Debut
Startup emphasizes civilian use of its robots as it prepares IPO filing between October and December
In Depth: TV Industry Hopes for Dramatic Growth After Beijing Loosens Grip
Market insiders warn reforms might not be enough for traditional media to see off the challenge posed by ‘micro-dramas’
CX Briefing: BYD to Build Malaysia Factory
Also in today’s rundown: Yuan picks up strength as U.S. dollar weakens, Beijing unveils plan to expand national carbon market
Exclusive: China’s Top Securities Regulator Reshuffles Key Departmental Heads
CSRC has appointed new leaders to two of its most important divisions: fund and intermediary supervision, and international affairs, sources say
Couriers Hike Prices in Face of Toxic Competition Crackdown
Logistics firms have raised their fees in Guangdong province and the consumer products hub of Yiwu, sources say
Exclusive: Ex-IPO Regulator Found With Up to 300 Million Yuan in Cash
Yang Jiaohong has been accused of illegally acquiring shares in companies preparing to list
Ant Group’s Bid to Acquire Hong Kong Brokerage Faces Hurdles as Internet Platforms Remain Under Heightened Regulation
Ant Group’s attempt to acquire 50.55% of Hong Kong-listed Bright Smart Securities for HK$2.814 billion (US$360 million) has stalled, pending approvals from Chinese regulators including the NDRC and multiple financial authorities. Regulatory scrutiny focuses on compliance and illegal cross-border brokerage issues; prior attempts by Ant and other internet firms to secure brokerage licenses have also failed. Ongoing uncertainty over Ant’s acquisition and regulatory stance has led to volatile Bright Smart stock prices and limited strategic clarity for both companies.
In Depth: How a Tycoon Looted Billions of Yuan From a State-Backed Port
After taking advantage of a power struggle to win control of Jinzhou Port, Liu Hui left the company with a tide of red ink and a vast pile of debt
In Depth: China’s Scandal-Hit Credit Ratings Industry Seeks a New Beginning
The free lunch may be over for bond investors as credit ratings companies explore a new business model that includes a paywall for in-depth reports on the creditworthiness of issuers
CX Briefing: Nvidia Denies AI Chip Has Backdoors
Also in today’s rundown: PBOC hits another bank with a big fine, Agricultural Bank of China issues 50 billion yuan in capital-buffer-boosting bonds
CX Briefing: Shipbuilders Near Mega Merger
Also in today’s rundown: EV-maker Li Auto faces backlash after crash test allegedly undermined truck-maker’s reputation, China to roll out free preschool nationwide
Trade War Monitor, Aug. 4: U.S., China Buy More Time to Resolve Trade tensions
As U.S.-China extend tariff truce, industry giants are becoming increasingly entangled into the great power rivalry
CX Briefing: Panama Sues CK Hutchison for Port Rights
Also in today’s rundown: Interbank bond market regulator stresses underwriters must not submit below-cost bids, Apple’s China revenue growth rebounds as government consumer trade-in subsidies kick in
Hong Kong Regulator Targets Early 2026 for First Stablecoin Licenses
Applicants must undergo identity verification and face tighter anti-money laundering rules
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