CHINA MARKET WATCH

China’s Environmental Authority Exposes Steel Hub Tangshan for Unauthorized Capacity Expansion and Pollution Violations

EconomyChina’s Manufacturing Activities Contract at Slower Pace in Nov, Services Sector Weakens

Low-Altitude EconomyChina’s Low-Altitude Equipment Industry Reaches 52 Bn Yuan, Industry Ministry Outlines Next-Stage Development Strategy

China’s Polysilicon Futures Rebound Amid Tightening Supply — How Much Upside Remains as Downstream Demand Remains Weak?

Changan Auto’s EV Subsidiary Avatr Files for Hong Kong IPO, Lost Nearly 1.6 Bn Yuan in H1 2025

TechnologyBaidu Launches Its Biggest Layoffs in Recent Years, With Up to 30% Cuts in Some Departments

TF Securities Investigated by CSRC as Legacy Dangdai Group Fund Misuse Resurfaces

SemiconductorNexperia China Restores Supply to 515 Clients, Nexperia Netherlands Continues Cutting Off Wafers

Meituan Records First Quarterly Loss Since 2023 Due to Food Delivery Battle

Sino-Ocean’s Restructuring of Seven Domestic Bonds Approved, Involving 13.05 Bn Yuan

Real EstateGuangzhou and Shenzhen Sees Strong Recovery in Second-Hand Housing Markets in Nov

LiquorWuyou Liquor Responds to Crisis Rumors, Small and Medium-Sized Liquor Producers Face Increasing Difficulties

IPOYuanjie Semiconductor Plans Hong Kong IPO Amid Domestic Growth Surge and Overseas Expansion Needs

Chinese Insurance Capital’s Stock Holdings Hit 10-Year High, Favoring High-Dividend H-Shares

BankMajor Chinese Banks Delist Medium/Long-Term Deposit Products Amid Margin Pressure