China's retail investors may not be beneficiaries of recent booming markets. A leading brokerage plans to inject billions into its global unit. HSBC is to close a branch in Shenzhen. Plus, an Indian court summons Alibaba's Jack Ma.

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China tells the U.S. to shut its consulate in Chengdu. The country sets up a mega fund to deal with potential bond defaults by central SOEs. Guangdong government is to take over a disgraced drugmaker. California orders more masks from BYD. A property tycoon is expelled from the Communist Party. Plus, China may not recognize BNO passports.

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China says its embassy in the U.S. received “bomb and death threats”. The country's Nasdaq-style STAR Market becomes a hotbed for IPOs. Chinese companies are investing more in Southeast Asia. Financial institutions have common standards in blockchain technology. Plus, China launches its ambitious mission to Mars.

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China vows retaliation after the U.S. ordered it to close its Houston consulate. The country's tech giants make a foray into the financial sector one after another. Travelers flying to China need to produce negative Covid-19 test results. New rules for foreign teachers. Plus, how do Chinese apps deal with the Indian ban?

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China is to launch its first Mars mission. The country's ride-hailing leader plans an IPO in Hong Kong. A large investment bank raises its target for listing. Luckin's founder sells his rental car unit. Chinese smartphones still dominate India. Plus, good news for the pet insurance market.