Beijing Post

US Market Makers Narrow Insider Trading Case Against Futu and UP Fintech

American market makers reduced the scope of a major insider trading lawsuit involving Futu and UP Fintech, cutting the number of targeted defendants to 45 individuals.

Chinese Economists Call for Stronger Action on Youth Employment

Domestic economists and commentators are urging Beijing to expand service-sector job creation as automation and the property downturn deepen employment pressures on young graduates.

Critical Mineral Shortages Raise Global Industrial Concerns as China Retains Strong Position

Mining and industry executives are warning that rising demand from artificial intelligence and clean energy could strain critical mineral supplies, while Chinese state-owned groups remain dominant in key extraction and refining segments.

Ford CEO Defends Chinese Battery Technology Partnerships

Ford’s chief executive defended the company’s reliance on Chinese battery technology amid political criticism in Washington, highlighting tensions between US industrial policy and electric vehicle supply-chain realities.

Chinese Manufacturers Deepen ASEAN Supply Chain Integration to Navigate Trade Barriers

Chinese industrial and logistics companies are increasingly shifting processing and assembly into Southeast Asia as they adapt to tighter trade restrictions in North America and Europe.

China Cuts Policy Lending Rate and Launches Mortgage Subsidies for First-Time Buyers

The People’s Bank of China lowered the pledged supplementary lending rate by 25 basis points to 1.5% and introduced a central-local mortgage interest subsidy aimed at supporting first-time homebuyers and stabilizing the property market.

China’s Official Manufacturing PMI Returns to Expansion at 50.1

The official manufacturing purchasing managers’ index rose to 50.1 in September, signaling a return to expansion even as domestic consumption and private investment remain weak.

Former China Securities Regulator Yi Huiman Charged With Bribery

Chinese prosecutors formally indicted former securities regulator chief Yi Huiman on bribery charges, extending Beijing’s anti-corruption campaign into the upper ranks of the financial regulatory system.

China Returns to Top 100 in Global Gender Parity Ranking

China rose to 96th place in the World Economic Forum’s annual gender parity ranking, returning to the top 100 for the first time since 2016 after improvements in female economic participation and workforce opportunity.

China’s New Economy Gauge Slips as Technology Investment and Specialist Hiring Cool

Caixin’s New Economy Gauge fell to 34.1% in September as investment and labor inputs into higher-value industries weakened amid softer venture capital activity and broader macroeconomic pressure.

Brazil’s Lula Seeks Chinese Investment in Critical Minerals

Brazilian President Luiz Inácio Lula da Silva identified Chinese investors as potential partners in the country’s rare earths and critical minerals sector as Brasília seeks new sources of capital for strategic resource development.

Panama Audit Examines CK Hutchison Subsidiary Over Canal Concessions

Panamanian authorities are scrutinizing former port regulators and executives of a Hong Kong-based CK Hutchison subsidiary as part of an audit into concessions and regulatory oversight around the Panama Canal.

Chinese Industrial Profit Growth Slows to 4.2% as Unpaid Bills Surge

Industrial profit growth weakened to 4.2% as accounts receivable at major enterprises rose 9% to 29.5 trillion yuan and the average collection period extended beyond 72 days, highlighting mounting corporate cash-flow pressure.

BYD Blade Battery Plant in Shaanxi Reaches Full Production

BYD’s Blade Battery manufacturing base in Shaanxi has reached full-scale production, strengthening the electric vehicle group’s domestic supply chain and expanding its capacity in batteries and energy storage.

Hong Kong Channels Nearly Two-Thirds of Mainland China’s Outbound Investment

Hong Kong accounted for close to two-thirds of mainland Chinese outbound investment over the reported period as companies increasingly use the financial center to route capital into overseas markets, particularly across Asia.

China Sends Forces to Russia for Tsentr-2026 Joint Military Exercises

Chinese military personnel have joined large-scale Tsentr-2026 exercises in Russia alongside forces from other Shanghai Cooperation Organisation members, with the drills drawing on operational lessons from the war in Ukraine.

Taiwan Coast Guard Uses Water Cannons Against Chinese Fishing Vessel Near Dongsha

Taiwanese authorities used water cannons to drive away a mainland Chinese fishing boat operating 27 nautical miles east of Dongsha Island, adding to cross-strait tensions in contested South China Sea waters.

China’s Manufacturing Sector Returns to Expansion in September

Caixin data showed Chinese manufacturing activity moved back into expansion territory in September as production improved, although weak employment and rising input costs continued to pressure industrial margins.

US Prosecutors Allege $300 Million in Restricted AI Servers Was Smuggled to China

A California technology executive has been arrested over allegations that hundreds of millions of dollars in restricted Nvidia servers were routed to China through Malaysia and Singapore, highlighting efforts to circumvent US export cont...

China Unveils New Property Stimulus to Support Housing Demand Before Fourth Quarter

Chinese regulators have announced fresh financing measures and looser homebuyer restrictions in major cities as Beijing intensifies efforts to stabilize the property market and revive residential demand.

People’s Bank of China Expands Targeted Financial Support as Beijing Pursues 4.5%–5.0% Growth

China’s central bank has introduced new liquidity and structural financing measures aimed at high-end manufacturing, technology innovation and equipment renewal after the State Council revised its 2026 growth target to 4.5%–5.0%.

US Firms Narrow Insider Trading Lawsuit Involving Futu and Tiger Brokers

American market makers have scaled back a civil lawsuit alleging more than $100 million in insider trading connected to Chinese offshore brokerages Futu and Tiger Brokers.

Caixin Commentary Calls for Policy Shift to Address Youth Employment Pressure

A Caixin commentary has urged Beijing to place greater emphasis on household consumption as automation and weakness in the property sector increase pressure on employment prospects for young graduates.

China and Hong Kong Break Up Major Underground Banking Network

Mainland and Hong Kong authorities have dismantled a cross-border underground banking syndicate operating across Guangdong and the special administrative region as Beijing tightens controls on illicit capital flows.

Zhu Zhongming Elected Mayor of Shanghai

Shanghai’s municipal legislature has elected former vice finance minister Zhu Zhongming as mayor, placing an experienced fiscal official in charge of China’s leading financial centre.

Golden Week Travel Surges as China’s Outbound Flight Capacity Recovers

Early Golden Week data show strong domestic rail travel and a sharp rebound in outbound flights, benefiting destinations across Southeast Asia, Europe and Australia.

China Launches Anti-Dumping Probe Into EU Chemical Imports Ahead of Trade Talks

The Commerce Ministry has opened an anti-dumping investigation into European para-nitrotoluene imports just before sensitive trade negotiations over planned European tariffs on Chinese electric vehicles.

Chinese Researchers Say Lidar System Could Track F-35C Stealth Fighters

Chinese defence researchers have published simulations suggesting a missile-mounted single-photon lidar system could detect and track F-35C aircraft at distances of more than 60 kilometres.

China Conducts Joint Military and Coast Guard Patrols Near Scarborough Shoal

People’s Liberation Army and China Coast Guard units have carried out coordinated readiness patrols around Scarborough Shoal as maritime tensions with the Philippines continue to intensify.

Former China Securities Regulator Yi Huiman Indicted on Bribery Charges

Chinese prosecutors have formally indicted former securities regulator chief Yi Huiman on allegations of accepting large bribes, extending an anti-corruption campaign into the upper ranks of the financial system.

CATL and Gotion Expand Battery Manufacturing Presence in Europe

CATL has begun production at its Hungary plant while Gotion High-Tech deepens its partnership with Volkswagen, strengthening Chinese battery makers’ manufacturing footprint inside the European market.

China Says Generative AI User Base Has Surpassed 700 Million

China’s generative artificial intelligence user base exceeded 700 million in the first half of the year, supported by large-scale research investment and growing commercial use across industries.

Huawei Unveils Mate 90 Smartphones With New Kirin Chip Architecture

Huawei has launched its Mate 90 smartphone series using a new Kirin 9050 processor based on logic-folding architecture, highlighting continued advances in China’s domestic semiconductor development.

Guangzhou Caps Deposits on Completed-Home Sales at 5% in Property Reform

Guangzhou has limited deposits on completed-home transactions to 5% and given completed projects greater priority in land auctions, accelerating China’s shift away from the troubled pre-sale housing model.

China Manufacturing PMI Returns to Expansion at 50.1

China’s official manufacturing purchasing managers index rose to 50.1 in September after two months of contraction, indicating a modest stabilization in factory activity ahead of the fourth quarter.

China Launches Mortgage Interest Subsidy for First-Time Homebuyers

Chinese authorities have introduced a one-percentage-point interest subsidy on newly issued first-home mortgages of up to 1 million yuan, marking a stronger effort to support housing demand and restore confidence in the property market.

Guangzhou Caps Property Deposits and Tightens Oversight of Home Sales

Guangzhou introduced new limits on deposits and stricter controls over property transactions as local authorities seek to protect buyers from developer insolvencies and stabilize the housing market.

China Completes Main Tunneling on 17-Kilometer Jiaozhou Bay Undersea Highway

Construction crews completed shield tunneling on the second Jiaozhou Bay tunnel in Qingdao, advancing a 17-kilometer undersea highway project in Shandong province.

U.S. Financial Firms Move to Withdraw Insider-Trading Cases Against Chinese Brokerages

American financial institutions have begun withdrawing lawsuits in an insider-trading dispute involving major Chinese brokerages, potentially easing one area of legal friction in cross-border finance.

Zhu Zhongming Elected Mayor of Shanghai

Shanghai’s municipal legislature elected former vice finance minister Zhu Zhongming as mayor, placing an experienced financial official in charge of China’s largest commercial center. :chatgpt-content-reference{index="2"}

China’s New Economy Gauge Weakens as Technology, Capital and Labor Inputs Slow

A Caixin indicator tracking high-value-added industries declined in its latest reading, reflecting weaker technology, capital and labor inputs despite government support for advanced manufacturing.