China's main securities regulator under the State Council
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.