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Yuan Hits Three-Year High, PBOC Eases Curbs — 15hYuan closed at 6.6955 per dollar, strongest since June 2022, as PBOC eased curbs ahead of Trump-Xi summit after Bessent-He talks.

Priya Raman Easing those curbs might help the talks on trade and supply chains but I doubt it leads to real concessions from either side.

Pakistan Plans Bigger China Swap, Awaits US Decision — 4dPakistan will seek a bigger China yuan swap in 2027 after fully drawing 30 billion yuan, Aurangzeb said, while awaiting a U.S. decision within two months on a $10 billion facility.

Rachel Meyers Relying on these external lines keeps reserves afloat but does little to fix underlying fiscal problems over time.

China Credit Growth Misses Forecasts, Demand Sags — Sep 14, 2026August new yuan loans were 60 billion yuan, missing the 400 billion Reuters forecast after July’s record 340 billion contraction; loan growth hit a record-low 4.9%.

Nicole Hardy This slowdown in lending points to deeper problems with demand that rate cuts alone won't fix.

China Urges Banks to Boost Corporate Yuan Hedging — Sep 14, 2026Chinese regulators including SAFE and the PBOC are pressuring banks to raise corporate yuan hedging, moving toward a 40% target through window guidance to shield exporters from ongoing yuan volatility and encourage use of forwards, swaps, options, and other hedging tools. Hedging activity has surged, with corporate derivatives around $1.4 trillion in the first half of 2026 and the overall hedging ratio climbing from roughly 22% in 2020 to about 35% in H1 2026, as banks offer subsidies and expanded access to hedging services.

Maya Lindstrom Seeing derivatives volume hit 1.4 trillion already shows real demand, the subsidies from banks are probably helping smaller firms join in.

Chinese EV Makers Reportedly Pursue Tech Sales — 4dAfter a 1.7 billion yuan Q2 loss, Li Auto seeks outside buyers for its 1,280-TOPS Mach chips; Xpeng plans tech offers beyond VW as its IRON robot walks off the line.

Maya Lindstrom Xpeng letting its robot walk off the line shows real progress but offering tech to outsiders could help them recover faster than VW alone.

China to pump 317 billion yuan into state banks and insurers — Sep 6, 2026

Chris Dalton Curious how this affects everyday depositors. Does this stabilize things or just prop up institutions that should be restructured?

Beijing Drone Ban Takes Effect Nov. 15Tech — 4dBeijing is imposing a citywide ban on flying, possessing, and storing drones with a November 15 deadline, while offering buy-back subsidies of up to 3,000 yuan (30% of resale value) and recycling options to ease disposal. Reactions vary as some owners criticize the schemes as robbery and complain of sharp price declines, whereas others acknowledge the safety rationale and comply amid queues at police-present buy-back sites.

Tencent-Backed Enflame Shares Triple in Shanghai Debut — Sep 9, 2026Tencent-backed Enflame Technology surged about 200% in its Shanghai STAR Market debut after raising 6.12 billion yuan in its IPO, with the stock trading around 430 yuan and the company valued far above its IPO price. The listing, part of China’s push to build home-grown AI chips, shows Enflame’s strong investor interest despite ongoing net losses and a heavy reliance on Tencent as both a shareholder and customer as it eyes next-generation chips.

DeepSeek Plans First CFO Ahead of Possible IPO — Sep 14, 2026DeepSeek plans to appoint Yan Wentao as its first CFO as it prepares for a potential STAR Market IPO, with CITIC Securities lined up to support the listing and a company valuation around 500 billion yuan amid ongoing fundraising and investment in chips, computing infrastructure, and talent. Yan, born in 1991 and a GL Ventures partner, will handle investor relations and financial management as the startup transitions toward conventional financing and public-market readiness.

Sam Okafor DeepSeek's 500 billion yuan valuation before IPO looks aggressive given the chip spending, but the CFO hire should help steady investor talks.

Huawei H1 Profit Drops 36% on R&D Push — Aug 31, 2026Huawei posted a 9.6% rise in first-half 2026 revenue to about 468 billion yuan, but net profit slumped around 36% to roughly 23.8 billion yuan as costs rose. The company intensified its R&D, spending about 121 billion yuan (roughly $18.1 billion), near a quarter of revenue, to expand AI, chips, and domestic tech amid sanctions and memory-cost pressures on its consumer business.

Tom Gallagher Memory costs squeezing the consumer business is the real story here, not the R&D spend. Component prices are hurting everyone right now.

Tencent-Backed Enflame IPO Draws 6,109x DemandBusiness — Sep 3, 2026Shanghai Enflame Technology priced its STAR Market IPO at 142.18 yuan per share and drew overwhelming retail demand of about 6,109 times the online shares, raising roughly 6.1 billion yuan with an online winning rate of 0.025%. Backed by Tencent, which holds roughly 20% of the equity and is a major customer, Enflame plans to use the proceeds to develop fifth- and sixth-generation AI chips amid China's push for domestic chip independence, despite not yet turning a profit.

LexinFintech revenue drops 80% as it warns of possible net loss — Aug 31, 2026LexinFintech’s Q2 2026 results show revenue of about 3.19 billion yuan and net income of 101 million yuan, down sharply as credit facilitation and tech-empowerment services declined, even as installment e-commerce income rose about 60.8% and loan originations grew 4.8% to 55.4 billion yuan while outstanding principal fell 11.4%. The company tightened costs, refined risk controls, shifted to an annual dividend evaluation policy with a 30% net-income payout, and warned of much lower Q3 originations with potential net losses amid sector headwinds, underscoring a diversified ecosystem and focus on long-term fundamentals.

Dana Whitfield Revenue down 80% but they're still paying a dividend? Feels like optics over substance given the Q3 loss warning.

Unitree IPO Priced at 61B Yuan on STARBusiness — Aug 8, 2026Unitree Robotics launched its Shanghai STAR Market IPO priced at 150.8 yuan per share to raise about 6.1 billion yuan (~$904 million), valuing the company at roughly 61 billion yuan and potentially making it mainland China’s first humanoid robotics listing. Despite strong 2025 revenue and profitability, investors are cautious about sustained commercial adoption and export restrictions amid competition from Tesla, Boston Dynamics and domestic rivals.

Chinese court freezes $300 million in Nexperia assets amid Wingtech dispute — Aug 31, 2026A Chinese court in Dongguan has frozen up to 2.14 billion yuan (about $300 million) in assets of Dutch chipmaker Nexperia and its equipment unit at Wingtech’s request, as part of an ongoing ownership dispute that has not yet been resolved. The freezes cover Nexperia’s stakes in four China-based businesses and the equipment unit’s Wuxi subsidiary, with the case seeking 8 billion yuan in damages under China’s anti-foreign sanctions framework, amid broader tensions sparked by Dutch intervention and export controls that have yet to restore Wingtech’s voting influence.

Chris Dalton Using anti-sanctions law here feels like retaliation dressed up as legal process. Wingtech clearly wants leverage back after losing voting control.