CHINA MARKET WATCH

China Proposes Tighter Rules on Illegal Share Reductions, Introducing Tiered Heavy Penalties for Large-Scale Violations

China’s Top Market Regulator Imposes RMB 3.6B Fines on Seven Major E-Commerce Platforms Over “Ghost Food Delivery” Violations

China’s Construction Machinery Sector Rebounds in March: Excavator Sales Rise Nearly 30%, Operating Rates Surge

Portugal Becomes First Eurozone Sovereign to Issue Dim Sum Bond, Raising Nearly RMB 2 Billion

Real EstateEvergrande Property Services Sale Advances as SOE Emerges as Leading Buyer

Gold Price Pullback Attracts Buy-the-Dip Demand in China, Gold ETF Inflows Hit Record in Q1

China Sees Capital Outflows in March Amid Global Volatility, Securities Investment Records Over 50B Net Outflows

Tire Industry Faces Another Round of Price Hikes Amid Surging Raw Material Costs

Rising Oil Prices Drive Butadiene to Nine-Year High, Pushing Up Prices of Disposable Gloves

ConsumptionKweichow Moutai Posts First-Ever Dual Decline in Annual Revenue and Net Profit, Accelerates Strategy Shift

Energy Storage Firm Sigenergy Doubles on Hong Kong Debut, Market Value Tops HK$160B

Multiple Chinese Cities See Housing Prices Rebound in Mar, All Tier-One Cities Post Gains in Second-Hand Home Prices

Positive Signals: China’s Housing Sales Decline Narrows, Inventory Falls for First Time in 51 Months

BatteryCATL Q1 Net Profit Surges on Strong Battery Demand, Announces RMB 30B Upstream Resources Expansion

Chinese Public Fund Managers Rotate Toward AI Infrastructure and Resources Amid Heightened Volatility