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Lu Kang, vice minister of the International Department of the CPC Central Committee, met in Beijing with Germany’s federal coordinator for transatlantic cooperation, an SPD member of the Bundestag. They exchanged views on China–Germany relations, par

2026-10-20

Lu Kang, vice minister of the International Department of the CPC Central Committee, met in Beijing with Germany’s federal coordinator for transatlantic cooperation, an SPD member of the Bundestag. They exchanged views on China–Germany relations, party-level engagement, China–US–EU relations and regional hotspots.

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2026-10-19

China’s CSRC issued Administrative Penalty Implementation Rules for illegal securities transfers in acquisition scenarios, effective Dec. 1, 2026. For transfers that violate rules on suspending trading, the regulator will apply either multiple-based

China’s CSRC issued Administrative Penalty Implementation Rules for illegal securities transfers in acquisition scenarios, effective Dec. 1, 2026. For transfers that violate rules on suspending trading, the regulator will apply either multiple-based fines or fixed fines: multiple-based fines will be levied in graduated bands of 0x, 3x, 5x and 10x of illegal gains; where illegal gains are under 1 mln yuan, fixed penalties will be set with ceilings of 3 mln, 5 mln and 10 mln yuan. The rules add a higher-sanction clause for especially serious cases—such as rapid one-way selling that causes a change in listed-company control—allowing fines from 10 mln to 30 mln yuan. Article 11(2) limits fines for these acquisition-transfer violations so they do not exceed the upper caps for equivalent illicit share-reduction cases defined in Article 10.
2026-10-20

Data shows that SoftBank's five-year credit default swap spread rose to 432 basis points on Tuesday, the highest level since early November 2022. The spread had exceeded 400 basis points the previous week and then widened further by more than 30 basi

Data shows that SoftBank's five-year credit default swap spread rose to 432 basis points on Tuesday, the highest level since early November 2022. The spread had exceeded 400 basis points the previous week and then widened further by more than 30 basis points.
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