CHINA MARKET WIRE

Hong Kong Market Weekly | Cross-Border PayLink Launches; Over 160 Firms Queue for IPOs; Eternal Beauty, Saint Bella Launch Offerings

Chinese Yuan Drops in SWIFT Rankings, But Long-Term Global Payment Momentum Remains

Mainland–Hong Kong “Cross-Border PayLink” Launches with Zero Fees in Initial Phase

China’s Fiscal Revenue Growth Slows in May as Non-Tax Income Falls for First Time Since 2024, Land Sales Resume Decline

Alibaba’s Ele.me Logistics Head and Former CEO Detained Over Alleged Supply Chain Corruption

China Launches Sci-Tech Bond Risk-Sharing Tool, Five Private Equity Firms Receive Support

Hillhouse to Cut Stake in LONGi After RMB 9.8 Bn Loss, Ending Four-Year Bet on Solar Giant

Pop Mart Falls Over 15% from Peak as Labubu Restock Spurs Secondary Market Crash

HKMA Vows to Defend Peg, Will Buy HKD and Sell USD if Weakness Persists

Two Chinese NEV Makers Consider Building Plants in Mexico, May Opt for Joint Ventures

Two Foreign Insurance Asset Management Companies Approved for Establishment, Foreign Insurers’ Market Share Reaches 9%, Says Official

Shanjin International Plans Hong Kong Listing, Follows Zijin Mining Amid Gold Boom

Unitree Boosts Registered Capital 125-Fold, Completes Series C Fundraising Led by Tencent, Alibaba

Short Drama stocks Rally as Tech Giants Double Down on Mini-Series Boom, Overseas Expansion Gains Momentum

Pop Mart Tackles Scalpers and Fakes with Online Pre-Sale of Third-Gen Labubu, Secondhand Prices Plunge