Coastal Chinese province, powerhouse of the Pearl River Delta
Typhoon Noul has made landfall along the Guangdong coast and is driving strong winds and heavy rain across southern China, prompting mass evacuations, flight cancellations, and power disruptions as authorities monitor its path toward inland regions.
Noul has made landfall in southern China, driving strong winds and heavy rain. Hong Kong cancels hundreds of flights and thousands are displaced as authorities mobilize flood defenses and relief funds.
Typhoon Dolphin has weakened inland but continues to cause extreme rainfall and floods across Zhejiang, Shanghai and Fujian. Authorities have evacuated hundreds of thousands, canceled thousands of flights, and closed major attractions as the storm moves westward.
Dolphin has made landfall near Yuhuan, Zhejiang, bringing winds of 151 km/h and torrential rain. The storm has prompted mass evacuations, flight cancellations, and widespread transport disruptions as authorities warn of prolonged rainfall and flood risk across eastern China.
Evergrande founder Hui Ka Yan has been accused by state media of illegally absorbing public deposits and fundraising fraud. Xinhua has published a list of charges against Hui, who built the company into one of the world’s most indebted developers, signalling intensified legal action against the firm's leadership.
Shein has launched a Hong Kong IPO seeking HK$13.86bn by selling 280m shares at HK$47.60–HK$49.50 each, valuing the company at about $27bn at the top of the range. The fast-fashion retailer has seen its private-market value fall about 70% from its near-$100bn peak and says proceeds will fund technology and international expansion.
Shein's Hong Kong listing is priced lower than hoped, valuing the company around $26.3 billion. Trading began shakily, with early losses narrowing as markets digest regulatory twists, tax changes, and weak consumer sentiment that have weighed on the fast-fashion group after a rapid ascent.
A mudslide in Jiangxi’s Suichuan County leaves multiple fatalities and rescuers continue operations as the area relocates thousands. Separately, downpours fueled by Saudel cause more deaths in Hunan province while Zhejiang and Fujian remain impacted by the typhoon’s path.