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The Latest Breaking News from Caixin Global

Seazen Unit Probe Uncovers Nearly $1 Billion in Undisclosed Transfers

The internal investigation by property manager S-Enjoy Service, which found a multibillion-yuan scheme orchestrated by the COO, delayed its earnings release and triggered a trading halt in its Hong Kong-listed shares

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China to Launch New Visa to Lure Young Tech Talent Amid U.S. Curbs

The K-visa category aims to attract STEM professionals without requiring a local employer, highlighting the diverging immigration policies of Beijing and Washington in their race for tech supremacy

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China’s New Economy Industries Rise on Labor, Tech Gains

The Caixin BBD New Economy Index rose to 31.2 in September, up 1.3 points on the month

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Beijing Warns S&P Global’s China Unit Amid Push to Curb Inflated Credit Ratings

The agency must strengthen quality control in its rating operations and improve the standardization of information disclosure, the regulator says

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China’s External Financial Assets Top $11 Trillion for First Time

The country’s net asset position grew to $3.8 trillion, as it strengthens its position as a global creditor

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Hong Kong Accelerates Push to Become Gold Trading Hub

City plans to roll out yuan-denominated products to ride the precious metal boom and boost the internationalization of the Chinese currency

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Beijing Life Science Hub Aims to Accelerate Drug Innovation

Zhongguancun Life Science Park is fostering a full-chain ecosystem to shorten drug development cycles

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U.S. Aims to Halve Reliance on Taiwan for Advanced Chips, Commerce Secretary Says

Officials from the Trump administration say the goal is for the U.S. and its allies to produce up to 50% of the advanced semiconductors it needs, citing national security risks

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China Launches Digital Yuan International Hub to Spur Cross-Border Use

Shanghai center unveils three platforms for payments, blockchain services and digital assets

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Super Typhoon Sweeps Family Out to Sea in Hong Kong

The city raised its highest-level storm warning for the second time this year, a rarity not seen since 1964, as the storm brought severe flooding that smashed into a five-star hotel and left dozens injured

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Chinese Firms’ Overseas Expansion Faces Rising Policy and Operational Risks, Report Says

Surging bankruptcies, delayed payments and policy shifts squeeze momentum from international growth push

Caixin Global

China Escalates Antitrust Scrutiny of Nvidia Over Mellanox Deal

Regulators say the U.S. chipmaker breached merger terms, potentially exposing it to billions of dollars in fines

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Jack Ma-Backed Yunfeng Dives Into Crypto With $44 Million Ether Purchase

Yunfeng Financial buys $44 million in Ether, joining wave of companies treating crypto as a treasury asset

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How Ambition and Accidents Toppled the Chief of Shanghai’s State Investment Giant

The rise and fall of Shanghai’s investment king, now under investigation for corruption

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Hong Kong Regulators Issue Warning to Cool Stablecoin Frenzy

Rare joint statement from SFC and HKMA over risks of irrational investment behavior

Caixin Global

BOE Faces U.S. Export Threat After Ruling in Samsung Trade Secret Case

Chinese tech group to appeal ITC ruling in OLED display panel case

Caixin Global

Curtain Falls on Evergrande as Hong Kong Delisting Looms Aug. 25

China’s collapsed property giant says it will not be seeking a review of the decision

Caixin Global

Cover Story: Trump’s Tariff-by-Tweet Tactics Are Pushing Global Trade Into Perpetual Uncertainty

The U.S. president’s ‘cartoon version of protectionism’ sees trade deals riddled with vague or conflicting terms

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Caixin Global

Commentary: Trump’s Flood of Tariffs Will Create a Tsunami in Asia’s Supply Chains

Chinese companies now need to double down on Asia, both as a market and a production base

Caixin Global

State Shareholder Throws Vanke New Lifeline as $2 Billion Debt Payments Loom

Steady drip of lifelines underscores the severity of Vanke’s cash crunch

Caixin Global

Alibaba’s Freshippo to Shut Last X Member Store in Strategic Revamp

Chinese warehouse stores have struggled to break into the membership-based, bulk-buying format

Caixin Global

Late Wahaha Tycoon’s Family Owns Hundreds of Millions in Hong Kong, U.S. Real Estate

Battle for Zong Qinghou’s estate reveals a chain of luxury properties in Barker Road, Bel Air and San Marino

Caixin Global

Trade War Monitor, June 30: China-U.S. Trade Deal Is Almost There

China and the EU in new trade clash over public procurement of medical devices

Caixin Global

Alibaba Streamlines Leadership Amid AI and Global Push

Number of partners reduced from 26 to 17 as Alibaba sharpens focus on revitalizing growth

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China Debuts Bonds with Risk-Sharing Safety Net to Drive Tech Funding

Five private venture capital firms are raising $188 million through bond backed by risk-sharing mechanisms

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