Multiple private fund managers said they received notices from cooperating brokerages overnight instructing them to suspend additions to managers' cross-border TRS (total return swap) exposure. TRS lets funds capture returns on overseas assets without moving principal offshore. The move follows a May CSRC-led, eight-agency implementation plan targeting illegal cross-border securities and futures fund operations and recent enforcement actions against brokers including Tiger Brokers, Futu Holdings

瑞士財政部長凱勒-蘇特：企業可以承擔風險，但必須承擔責任。政府必須以正確的方式設定框架。

Beijing, June 17, 2026 — The China Academy of Information and Communications Technology (CAICT) opened a compute‑power–power coordination joint verification base to provide routine validation for deeper integration of the national integrated computing network and China’s new power system. The facility groups four core capabilities: a full‑scenario testing platform for structured, controlled trials of data‑center green‑power direct connection, source–grid–load–storage integration, DC supply systems, new transformers and other emerging technologies and equipment; a simulation sandbox offering digital replicas of typical compute‑power coordination business scenarios to test load forecasting, coordinated dispatch strategies and virtual power plant operations; a trusted compute‑power data platform aggregating test and simulation data to enable end‑to‑end evidentiary recording and traceability; and an industry incubation space to speed intellectual‑property conversion and commercial deployment.