China's Ministry of Industry and Information Technology and seven other ministries launched a 'one‑stop' special action to support innovation policies for technology firms, targeting high‑tech enterprise evaluation and certification. The initiative will push data sharing, optimize administrative systems, strengthen information verification and raise certification efficiency. MIIT has set up a coordination mechanism to clear bottlenecks; local high‑tech certification authorities will lead impleme

2026-07-27

China's Ministry of Industry and Information Technology and seven other ministries launched a 'one‑stop' special action to support innovation policies for technology firms, targeting high‑tech enterprise evaluation and certification. The initiative will push data sharing, optimize administrative systems, strengthen information verification and raise certification efficiency. MIIT has set up a coordination mechanism to clear bottlenecks; local high‑tech certification authorities will lead implementation with regional industry and information, science, finance, emergency management, tax, market supervision and intellectual property departments coordinating.

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2026-07-27

Tencent's Licaitong Current+ 7-day annualized yield ranged 0.7320%–1.4850%; WeChat Wallet's Lingqiantong 7-day annualized yield ranged 0.9220%–1.0130%; Alipay's Yu'ebao 7-day annualized yield ranged 0.9520%–1.0610%.

2026-07-27

SK Hynix has effectively become Kioxia’s second-largest shareholder after Bain Capital sold most of its stake last month, with Bain raising about JPY2.5 trillion (≈KRW22 trillion) through the disposals disclosed in large-shareholder filings. Toshiba, holding roughly 15%, is currently Kioxia’s largest shareholder; an SPC effectively controlled by SK Hynix holds about 14%. Market observers say SK Hynix could ultimately become Kioxia’s largest shareholder if Toshiba continues to trim holdings, but