Business News
Latest business news and updates
Total: 2054
Golden Queues: How China’s luxury-gold rally birthed a high‑risk daigou economy
A recent surge in gold jewellery prices in China has spawned a lucrative but fragile daigou (proxy buyer) market. While experienced resellers have made substantial short‑term gains by exploiting store promotions and scarcity, the trade is exposed to fraud, leverage risks and collapsing margins as competition intensifies.
When Viral Popularity Meets Food-Safety Gaps: Sushiro’s Tuna Scandal and the Limits of Fast Expansion
A Beijing customer found suspected parasite eggs in tuna at a Sushiro outlet, prompting regulatory investigation and a disputed compensation offer. The episode has highlighted how social-media-driven expansion and automated processes can leave gaps in food-safety controls across China’s viral restaurant sector.
TCL Says 85‑Inch and Bigger Screens Will Drive the Next Phase of China’s TV Market
TCL’s China president, Lu Chunshui, said at AWE2026 that 85‑inch TVs generated the most revenue for TCL in China in 2025, outpacing 75‑inch sets in value despite lower unit sales. He predicts 85‑inch and larger screens will be the primary source of incremental growth, a trend driven by premiumisation, technology advances and changing viewing habits but constrained by logistics and living‑space realities.
China Tightens Screws on Loan‑Referral Platforms — Consumer‑finance Sector Faces Sweeping Rebuild
China’s financial regulator has summoned five major loan‑referral platforms and issued tighter requirements to licensed consumer finance companies, accelerating enforcement of internet‑assist lending rules introduced in October 2025. The measures force clearer fee disclosure, stricter collection rules and limits on outsourced delinquency management, prompting expectations of asset contraction and a structural reshaping of the consumer‑finance sector.
Moutai’s Finance Chief Placed Under Liuzhi in Supervisory Probe, Exposing Governance Risks
Kweichow Moutai announced that its vice‑general manager, CFO and board secretary, Jiang Yan, has been placed under liuzhi by the Zunyi Municipal Supervisory Commission. The move highlights governance and reputational risk at one of China’s flagship state‑linked consumer companies and could spur further regulatory scrutiny.
China’s Financial Regulator Presses Five Loan‑Referral Platforms to Clean Up Consumer Lending
China’s Financial Regulatory Administration has formally reprimanded five internet loan‑referral platforms, enforcing requirements on marketing, fee disclosure, data protection, collections and complaints mechanisms. The action, the first of its kind since new assist‑lending rules were promulgated, signals a regulatory shift from policing banks to regulating the platforms that originate and market consumer credit.
China’s Market Watchdog Orders Tighter Cross‑Market Oversight as Two‑Session Priorities Filter Down
China’s securities regulator has ordered a coordinated programme of market reforms and tighter oversight as leaders begin the 15th Five‑Year cycle. The CSRC pledged to expand fundraising and exit channels for technology and venture investment while reinforcing cross‑border and cross‑market surveillance and tougher enforcement against market abuses.
China Stocks Slip as Shipping Disruption Spurs Rotation into Fertilisers and Renewables
Chinese A-shares fell on Friday as the Shanghai Composite dropped below 4,100 points and market turnover contracted. A reported shipping disruption in the Strait of Hormuz spurred rallies in fertiliser and wind-power stocks even as broad selling pushed thousands of stocks lower.
Bona’s Fall: Chairman’s Casino Debt Scare Highlights Deepening Financial and Governance Strains
Bona Film Group and its founder‑chairman Yu Dong faced renewed scrutiny after Wynn Macau filed suit over an alleged HK$4.73 million shortfall tied to a credit line; Yu’s lawyers say the debt has been repaid and litigation terminated. The incident compounds wider business and governance problems at Bona, which has posted cumulative losses of more than RMB 2.7 billion between 2022 and 2025 and faces regulatory warnings and frozen shares.
The Global Housing Boom’s Two Illusions: Nominal Gains, Real Risks
Nominal house prices rose across more than 80 countries in 2025, fuelled by migration and a wave of overseas investment, especially from China. But when adjusted for inflation and currency movements, global real prices are flat or slightly down, and much of the nominal gain is concentrated in prime urban cores — a configuration that increases affordability pressures and financial‑stability risks.
CME Warns of ‘Epic Disaster’ if U.S. Intervenes in Oil Futures as Markets Whipsaw
CME Group’s CEO warned that any U.S. intervention in oil futures to suppress prices could provoke a grave market crisis, after volatile trading around Brent prompted speculation that the Treasury might have sold futures. Officials deny trading activity, but the episode highlights the risks of politicising price discovery and the knock‑on effects for liquidity, hedging and global markets.
China Imposes Anti‑Dumping Duties on Japanese and Canadian Halogenated Butyl Rubber, Raising Costs for Importers
China will levy anti‑dumping duties on halogenated butyl rubber imports from Japan and Canada from March 14, 2026, after finding dumping and material injury to domestic producers. Company‑specific rates range from 13.8% to 30.1%, the measure lasts five years and includes limited retroactive conversion of provisional bonds to duties.