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Business5/28/2026, 9:08:46 AM

The Twilight of the Gray Zone: Beijing Forced Purge of Offshore Brokerages

Major offshore brokerages including Futu and Tiger Brokers are purging inactive and fraudulent accounts following a massive 2.2 billion yuan regulatory fine and a new two-year crackdown by Chinese authorities. The move signals the end of the 'gray market' for mainland investors accessing international stocks through offshore platforms.

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Business5/28/2026, 9:08:40 AM

Succession Scandals and ESG Failures: The Slow Decay of China’s Flooring Giant Power Dekor

Once a dominant force in China's home furnishing sector, Power Dekor (DareGlobal) is facing a crisis characterized by revenue hitting an 18-year low, severe ESG rating downgrades, and a history of chaotic family infighting. The company's attempt to pivot into the battery foil industry remains unproven and is currently weighing down its already fragile balance sheet.

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Business5/28/2026, 9:08:34 AM

The Junket’s Gambit: A Billionaire’s Influencer Pivot Meets a Hong Kong Stock Crash

The dramatic collapse of Kingwisoft’s stock has ignited a controversy surrounding its major shareholder, former Macao junket operator Qian Fenglei. Despite his efforts to rebrand as a legitimate philanthropist and social media influencer, the crash has revived scrutiny over his business practices and the risks of Hong Kong’s small-cap stocks.

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Technology5/28/2026, 7:38:54 AM

The Man and the Machine: Richard Liu’s Defiant Vow to Protect China’s Blue-Collar Labor

JD.com founder Richard Liu has pledged that none of the company's 900,000 employees will be fired due to AI automation, framing the technological shift as a structural labor reordering rather than a zero-sum game. This bold commitment highlights the tension between corporate efficiency and the social stability required under China's 'Common Prosperity' framework.

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