Sharp falls in Hong Kong were led by its major tech firms as investors worried about more regulatory clampdowns
China's private sector, especially technology and new economy startups, relies on founders’ genius and international investors rather than state-owned enterprises
Financial services authorities have set a minimum capital requirement for lenders at a 25 billion rupiah ($1.67 million), much higher than the previous 1 billion rupiah
Officials said funding was completed on Wednesday for the second phase of the advanced manufacturing fund, which invests in Chinese innovation sectors
US and EMEA investors put a record $5.8bn into Chinese equities in June after Covid lockdowns ended in Shanghai and other cities and regulators said they would ease their tech sector crackdown
CAC said it had amassed a fraud database of 3.8 million websites and 500,000 apps. It did not specify if any are still operating or elaborate on any penalties issued
Companies will need to seek an anti-trust review about their planned mergers or acquisitions if one of the parties' global annual revenue tops 12 billion yuan ($1.79 billion)
About 240 casinos have been built in 120 Special Economic Zones in the Mekong subregion and some of these enclaves have become hubs of serious criminal activity, the UNODC says
Chinese tech shares in Hong Kong rose after President Xi Jinping chaired a meeting that backed support for fintech firms. Alibaba jumped 6.4%, and Chinese automakers also shone.
Tether briefly dropped to $0.993 although it quickly regained parity with the dollar. But investors continue to pull money out of stablecoins and several have lost their pegs to underlying assets.
Beijing's harsh regulatory crackdown means Ant now stresses its autonomy, to the point that Alibaba might even compete with its one-time sister company
Total sales over the '618' period rose 10.3% over the 18 days to Sunday, sharply down from the 2021 event's growth of 27.7%, JD.com said