The CSRC regulates China's securities markets and enforces governance rules for listed companies and market participants.
Zhipu surged on Monday after banks raised bets on its ability to capture global AI demand as U.S. curbs tighten. JPMorgan maintains overweight, Bank of America starts coverage with buys, while GLM-5.2 will be open-sourced. The move follows U.S. actions against Anthropic and signals ongoing competition in AI models and pricing power.
Independent, BBC, and CNBC report Shein posts a Q1 loss amid higher duties from US and EU, offset by price hikes and growth in active customers ahead of a Hong Kong listing. Citations show a mixed picture: revenue up slightly in Q1 but net income down due to accounting changes and tariffs.
Macau’s former lawmaker Au Kam San remains jailed under the city’s national security law. A year after his arrest, authorities have offered limited details, and concerns about due process and the broader signal toward dissent persist as prosecutions proceed behind closed doors.