China News

China Memory Chipmakers Prepare Blockbuster IPOs Amid Questions on Technology and Market Access

Jun 8, 2026

Everest Medicines Acquires LNZ100 Rights from Corxel Pharmaceuticals for Greater China Commercialization

Everest Medicines (HKEX: 1952) signed an asset purchase agreement with Corxel Pharmaceuticals to develop and commercialize LNZ100 across Greater China

Jun 8, 2026

China Mandates EV Weight Reduction as Battery Boom Creates Heavier Passenger Vehicles

China government is pushing automakers to slim down electric vehicles after years of larger batteries and more features significantly increased vehicle weight

Jun 8, 2026

China PBOC Extends Gold-Buying Streak in May Despite Bullion Price Pressure

The People Bank of China continued buying gold in May, extending a multi-month accumulation streak for its foreign reserves

Jun 7, 2026

China A-Share Rotation: Energy Storage Stocks Crash as Capital Flees to Defensive Sectors

Energy storage, power, and new energy theme stocks experienced significant circuit-limit declines in China A-share market on June 5

Jun 7, 2026

China Finance Ministry Unveils 2026 Fiscal Legislative Agenda Amid Growth and Debt Pressures

China's Ministry of Finance published its 2026 legislative work plan, outlining key fiscal regulatory priorities for the year

Jun 6, 2026

China Launches Space AI Computing Hub as SpaceX Eyes $75 Billion IPO Debut

China launched a state-backed space AI computing research institute in Beijing as SpaceX gears up for a historic initial public offering

Jun 6, 2026

HK IPO Market Surges in Activity as International Long-Term Investors Show Rising Interest

HK IPO market activity is rising as international long-term investors signal renewed interest and conglomerate-backed industrial IPOs enter the HKEX pipeline.

Jun 6, 2026

Chinese and Hong Kong Markets Open Lower as Iran War Talks Stall and Geopolitical Risk Weighs

Hang Seng fell 0.26% and Shanghai slid 0.32% as stalled US-Iran ceasefire talks kept geopolitical risk premium elevated across Chinese and HK equities.

Jun 6, 2026

PwC Cuts Partner Payouts After China Evergrande Fallout Brings Fines and Looming Lawsuits

PwC cut partner distributions as fines and lawsuits from the China Evergrande audit continue to mount, withholding 2022 disposal proceeds originally set for payouts.

Jun 6, 2026

Chinese EVs Overtake Japan in Australian Car Imports as EV and Hybrid Sales Hit Nearly 50% of Market

Chinese EV brands overtook Japan in Australian car imports in May as EVs and hybrids approached 50% of total monthly sales.

Jun 5, 2026

China Tightens Grip on Viral Micro Dramas Over Violence and Misogyny, Pressuring Streaming Platforms

China tightened micro drama content rules targeting violence and misogyny, raising compliance costs for streaming platforms like iQiyi, Bilibili, and Kuaishou.

Jun 5, 2026

Hong Kong Prosperity Summit 2026 Signals HK Role in Global AI, Green Finance, and Industry Cooperation

Hong Kong's Global Prosperity Summit 2026 convened global leaders around the city's growing AI, green finance, and international cooperation roles.

Jun 5, 2026

China Cuts Fuel Prices by 525 Yuan/Ton While Guangzhou Financial Sector Posts 8.3% Q1 Growth

China cuts domestic gasoline prices by 525 yuan per ton and diesel by 505 yuan per ton effective June 4 as crude prices decline

Jun 5, 2026

EU Imposes New Fees on Non-EU E-Commerce From July 1, Targeting Chinese Platform Imports

EU imposes new fees on non-EU online shopping purchases starting July 1, targeting the surge in cheap imports from China

Jun 5, 2026

China Cuts Gasoline and Diesel Prices for Second Time in 2026 as Oil Falls

China's National Development and Reform Commission cut domestic gasoline and diesel prices for the second time in 2026, effective June 4, reducing costs by 525 yuan per ton for petrol and 505 yuan per ton for diesel.

Jun 5, 2026

Microsoft Quantum Chip Reliability Jumps 1,000-Fold, Targeting 2029 Commercial Launch

Microsoft's Majorana 2 topology quantum chip achieves a 1,000-fold improvement in reliability through fundamental materials redesign, bringing 2029 commercial quantum computing targets into view.

Jun 5, 2026

Near-Decade-Low China Oil Imports Shield Crude Markets Below $100 Despite Middle East Risk

Chinese crude oil imports near decade-lows are keeping Brent below $100 a barrel, with traders citing Beijing demand weakness as the dominant factor offsetting Middle East supply disruption risk.

Jun 4, 2026

Tiger Brokers Suspends Mainland China Investors from Opening New Positions on Platform

Tiger Brokers is suspending mainland Chinese investors from adding new positions under regulatory compliance requirements, signaling tightening cross-border capital flow management.

Jun 4, 2026

Nissan to Build Chery EVs at Sunderland from 2027 in Deal That Safeguards UK Factory Jobs

Nissan and Chinese automaker Chery have signed a non-binding agreement to build Chery vehicles at Nissan's Sunderland plant, the UK's largest car factory, from 2027.

Jun 4, 2026

OECD Cuts 2026 Global Growth to 2.8% as China Fiber Optic Orders Surge Into 2027

The OECD has cut its 2026 global economic growth forecast to 2.8% while China reports fiber optic cable manufacturers are already booked out to 2027 on AI infrastructure and 5G demand.

Jun 4, 2026

Tesla China Vehicle Sales Surge 39.4% in May as EV Price War Easing Boosts Volume Recovery

Tesla recorded a 39.4% year-over-year surge in China vehicle sales in May 2026, signalling recovery in the premium EV segment after the China price war period.

Jun 4, 2026

China's $5.9 Trillion Mutual Fund Industry Faces New Mandate Adherence Rules to Curb Risky Strategies

Jun 4, 2026

China Approves First Domestic Innovative Gout Drug After 13 Years as Premium Food Tests Lower-Tier City Demand

Jun 4, 2026

China's Tech Superpower Status Cannot Mask a Structural Domestic Demand Problem

China has established itself as a genuine technology superpower, yet its broader economy continues to slow.

Jun 3, 2026

Meituan's $1 Billion AI and Robotics Investment Windfall Offsets Quarterly Loss as Zhipu AI Stakes Surge

Meituan is set for a ~$1 billion windfall from AI and robotics investments including Zhipu AI, offsetting quarterly operating losses and repositioning the food delivery giant partly as a China frontier tech portfolio vehicle.

Jun 3, 2026

Tiger Brokers Suspends Mainland China Investors From Adding New Positions Amid Cross-Border Capital Compliance Pressure

Tiger Brokers will suspend mainland Chinese investors from adding new positions, reflecting regulatory pressure on offshore brokerages providing international market access — a potential leading indicator for restrictions on Futu Holdings and peers.

Jun 3, 2026

Jiangsu 11.5 Billion Yuan Brokerage Merger Signals New Phase of China's Regional Financial Sector Consolidation

Jiangsu province approved a proposed ¥11.5 billion merger of two state-owned brokerages, marking a new phase of regional financial consolidation as Beijing builds scaled domestic institutions competitive with global investment banks.

Jun 3, 2026

Tesla China Sales Hit 2026 High in May as EV Market Recovers, but Rivals Close In

Tesla's Shanghai Gigafactory posted its strongest monthly deliveries of 2026 in May amid a broad China EV market recovery

Jun 3, 2026

GenScript Biotech Surges 29% in Hong Kong as Firm Rebuffs US National Security Allegations

GenScript Biotech Holdings surged as much as 29% in Hong Kong trading after pushing back against US lawmakers' scrutiny

Jun 3, 2026