China Securities Regulatory Commission

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China Securities Regulatory Commission· Business · 53 sources · Jul 26, 2026Story

Shein Faces Costs Ahead of Hong Kong IPO

Shein disclosed strong 2025 revenue of $41.8 billion but a 38.7% drop in net profit to $2.064 billion, with a Q1 loss of $99 million tied to fair-value adjustments and pressures from the US de minimis duty exemption removal. The company has CSRC approval for a Hong Kong listing, with an anticipated late-August/early-September IPO aimed at funding IT and AI initiatives amid ongoing growth and competitive pressures.

Business· Jul 26, 2026

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China Securities Regulatory Commission· Finance · 7 sources · Jul 24, 2026Story

Former CSRC Vice Chairman Fang Xinghai Under Probe

Chinese authorities have launched disciplinary investigations into Fang Xinghai, the former vice chairman and CSRC member, for suspected serious violations of law and party discipline, with the CCDI and the National Commission of Supervision leading the probe. This ongoing action signals Beijing's continued crackdown on senior financial officials as it seeks to stabilize the capital markets.

Finance· Jul 24, 2026

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