CHINA MARKET WATCH

Baiyunshan Subsidiary Guangzhou Pharmaceutical Plans RMB 6 Bn Equity Financing, Over 90% for Debt Repayment

China’s Big Six State Banks’ NPL Ratios: Four Improve, Two Slip as Corporate Strength and Retail Strain Rebalance

Tesla’s China Sales Sink Below 10,000 for First Time Since 2022: Behind the 66% Collapse

Tongwei Plans RMB 1.44 Bn Investment to Take Control of Tech-Bank Food: Why Is PV Leader Betting on Pig Cycle?

Four RMB Offshore Clearing Banks Start Pilot Onshore FX Trading, Advancing Onshore-Offshore Market Integration

China’s Autumn Property Peak Season Ends: Resale Homes and Core Cities Lead an Uneven Recovery

China’s Hog Prices Hit 10-Year Low Despite Peak Season, Funds Bet on Cycle Turning Point

Wang Jianlin Retakes the Helm at Wanda Commercial Management After 14 Years Amid Debt and Diluted Control

Chinese Cement Maker Enters Brazil for the First Time in RMB 10 Billion-Plus Mega Deal

China’s Domestic Car Sales Slump in October as Exports Stay Strong; NEV Penetration Hits Record High

From Land-Grab to Lean: Chinese Developers Shrink Regional Empires as Investment Narrows

Hong Kong AI Supply-Chain IPOs Break Issue Prices, Zhongji Innolight’s Cornerstone Investors Sitting on Over HK$10 Bn Paper Losses

Gree Group Looking to Take Over Marriott-Branded Hotel from Zhuhai Huafa, Valued at About RMB 2 Bn – Sources

PBOC Extends Gold Buying Streak to 24 Months, Oct Purchase Marks Largest in Nearly Two Years

Hong Kong Strengthens Tax Oversight of Crypto-Assets, Adopting OECD’s Crypto-Asset Reporting Framework from 2027