Flash News

TREE NEWS update: Hong Kong’s Securities and Futures Commission has ordered the Hong Kong Stock Exchange to suspend trading in shares of Botanee Cloud Pharmaceutical Co. Ltd. from 9:00 a.m. on September 10, 2026, under Section 8(1) of the Securities and Futures (Stock Market Listing) Rules. The SFC said it has serious concerns that the company’s initial public offering may have been artificially manipulated to create a false impression of demand for the shares, and that a suspension is necessary to maintain an orderly and fair market while its investigation continues.

TREE NEWS update: China’s State Administration for Market Regulation will hold a public hearing on September 18, 2026, at 9 a.m. in its fourth-floor Yunfeiyang Hall on Meituan’s acquisition of equity in Beijing Maiyatian Network Technology Co., Ltd. The hearing will examine whether the conditional commitments attached to the deal can effectively resolve competition concerns.

TREE NEWS update: China’s National People’s Congress Standing Committee will study and argue for a dedicated law on regulatory filing review under its 2026 legislative work plan. The legislation would integrate filing review systems across people’s congresses, governments, supervisory commissions, courts and procuratorates into a unified, comprehensive framework, Guangdong.

TREE NEWS update: China’s Certification and Accreditation Administration (CNCA) ordered Zhongqi Certification Center Co., Ltd. to suspend operations for one month, from September 9 to October 8, 2026. The regulator found the center failed to correctly identify product categories and issued compulsory product certification certificates for products outside the compulsory certification catalogue. Under Article 43 of the Compulsory Product Certification Regulations, the center may not conduct compulsory product certification activities within its designated scope during the suspension.

TREE NEWS update: People’s Bank of China Deputy Governor Lu Lei said on September 10 that during the 15th Five-Year Plan period the central bank will keep issuing treasury bonds and central bank bills on a regular basis to enrich the pool of high-grade renminbi assets. Speaking at a State Council Information Office briefing, Lu also said the PBOC will continue supporting the healthy development of the offshore renminbi market, optimize the layout of renminbi clearing banks, and improve the multi-tier, cross-tenor liquidity supply mechanism to keep offshore renminbi liquidity ample and stable.

TREE NEWS update: People’s Bank of China Deputy Governor Lu Lei said on September 10 that foreign entities now hold more than RMB 11 trillion in onshore renminbi financial assets. Central banks or monetary authorities in over 80 countries and regions have included the renminbi in their foreign exchange reserves. Panda bond issuance has exceeded RMB 1.3 trillion, with issuers spanning 26 countries and regions across five continents.

TREE NEWS update: China’s Ministry of Commerce has extended its anti-dumping investigation into imported pecans originating from Mexico and the United States, pushing the deadline to March 25, 2027. The probe covers pecan imports from both countries. No further details on the scope or findings were disclosed.

TREE NEWS update: China’s State Administration of Foreign Exchange said on September 10 that direct investment under the capital account has achieved basic convertibility. Speaking at a State Council Information Office briefing, SAFE deputy administrator and spokesperson Li Bin said cross-border securities investment now runs through institutional investor schemes, mutual connectivity mechanisms and direct foreign access, while cross-border financing is subject to full-scope macroprudential management.

TREE NEWS update: China’s National Financial Regulatory Administration will refine policies governing how insurance funds invest in early-stage, small, long-term and hard-tech ventures, Vice Administrator Cong Lin said at a State Council Information Office briefing on September 10. The regulator also plans to expand manufacturing lending and support the upgrading of traditional industries as part of efforts to build a modern industrial system.

TREE NEWS update: China’s National Financial Regulatory Administration will direct financial institutions to support intermediate goods exports, overseas warehouse construction and cross-border e-commerce, Vice Director Cong Lin said at a State Council Information Office briefing on September 10. The regulator also pledged backing for consumption upgrades, services and new-type consumption, and for key projects under the “Two Heavy, Two New,” “Six Networks” and the 15th Five-Year Plan’s 109 major projects.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 that the regulator will keep combining punishment, prevention and governance and coordinate administrative, civil and criminal enforcement to further tighten the network for preventing, detecting and punishing financial fraud, pushing major cases to be investigated and handled swiftly. The CSRC will work with ministries and local governments to build a market environment where fraud is deterred, prevented and rejected.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 at a State Council Information Office press conference that the CSRC will keep using M&A and restructuring as a main channel for the capital market and will build a dynamic yet orderly M&A market ecosystem. The regulator will urge and guide listed companies to strengthen their awareness of investor returns, making those returns more consistent, timely and predictable, to better protect the lawful rights of small and mid-sized investors.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 that the CSRC will deepen a new round of listed-company governance campaigns and further tighten rules on share reductions by controlling shareholders and actual controllers. The regulator will also strengthen oversight of directors and senior executives across their entire appointment, service and departure process, Li said at a State Council Information Office briefing.

TREE NEWS update: China’s listed companies have distributed more than 7 trillion yuan in dividends and buybacks since the new “Nine National Articles” policy, CSRC Vice Chairman Li Chao said at a State Council Information Office briefing on September 10. More than 2,000 companies have paid dividends for five consecutive years and over 1,000 have paid interim dividends. Since the 2024 “M&A Six Rules” took effect, firms have disclosed 370 major asset restructuring deals.

TREE NEWS update: Cong Lin, deputy head of China’s National Financial Regulatory Administration, said the regulator will use its supervisory role to push financial institutions to accelerate reform and transformation and strengthen their internal momentum for growth. Priorities include tailoring measures to different types of financial institutions and advancing reform and risk resolution at small and mid-sized local financial institutions.

TREE NEWS update: China’s State Administration of Foreign Exchange will strengthen prevention of systemic risks from large, abrupt cross-border capital movements during the 15th Five-Year Plan period, SAFE spokesperson and deputy administrator Li Bin said at a State Council Information Office briefing on September 10. The regulator will make cross-border capital flow risk control and supervision more forceful and effective, continuing to improve the two-pronged “macro-prudential plus micro-supervision” framework for the foreign exchange market.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on October 10 that the regulator will continue to strictly vet IPO applicants and balance inclusiveness with tight supervision, aiming to make the A-share market more attractive to quality companies. He also pledged to strengthen delisting enforcement, give full play to the deterrent effect of mandatory delisting, and improve post-delisting supervision and investor protection during the delisting process.

TREE NEWS update: People’s Bank of China Deputy Governor Lu Lei said on September 10 at a State Council Information Office press conference that during the “15th Five-Year Plan” period the central bank will continue to improve the base money supply mechanism and refine the deposit reserve requirement system, conducting more flexible and precise open market operations. It will also keep improving the market-based interest rate formation, adjustment and transmission mechanism, strengthen the guiding role of policy rates, and guide short-end money market rates to run more steadily around the policy rate.

TREE NEWS update: People’s Bank of China Deputy Governor Lu Lei said on September 10 that during the 15th Five-Year Plan period the central bank will further improve its modern monetary policy framework. Speaking at a State Council Information Office briefing, Lu said the PBOC will firmly keep the currency’s value stable to support growth and high-quality development of the real economy, while gradually de-emphasizing quantity-based intermediate targets and relying more on interest-rate tools.

TREE NEWS update: People’s Bank of China Deputy Governor Lu Lei said on September 10 that China has no need and no intention of using currency depreciation to gain a trade competitive advantage. Speaking at a State Council Information Office press conference, Lu said China runs a managed floating exchange rate regime and lets the market play a decisive role in rate formation, guarding against herd behavior and self-reinforcing irrational expectations.