China · Business
Same event, multiple sources, transparently cited.
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SpaceX blocks China and Hong Kong investors from $75 billion US IPO access
SpaceX has restricted website access and blocked Chinese and Hong Kong investors from participating in its planned $75 billion IPO amid regulatory concerns.
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South Korea's Labor Minister Urges Tech Giants to Share AI Profits with Suppliers and Workers
Labor Minister Kim Young-hoon urged Samsung, SK Hynix and other tech firms today to share AI-driven excess profits with suppliers and workers after taxes.
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Broadcom Earnings Miss Sparks Global Semiconductor Sell-Off, Asian Markets Tumble
Broadcom’s weak Q2 earnings on June 4 triggered a global semiconductor sell-off as Asian markets including South Korea and Taiwan plunged on June 5.
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AI Stock Rally Cools as US and Asian Tech Shares Slide Amid Broadcom Earnings Miss
US and Asian tech shares declined on June 5, dragging Nasdaq futures lower amid cooling AI enthusiasm after Broadcom’s weak revenue forecast.
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China launches two-month crackdown on harmful content in micro-drama industry
China’s National Radio and Television Administration began a nationwide campaign on June 1 targeting harmful content in micro dramas.
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Hong Kong banks restrict account openings for mainland clients amid Beijing crackdown
Some Hong Kong banks have suspended account openings for mainland Chinese clients to curb illegal cross-border trading, triggering share declines in major financial firms.
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Bank of Japan seen likely to raise interest rates by 25 basis points in June 2026
The Bank of Japan is expected to hike its policy rate from 0.75% to 1.0% at its June 15-16 meeting, the first increase since December 2025.
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Private banks delay China events and restrict travel amid stricter cross-border investment rules
Private banks postpone China events and limit staff travel as Beijing and Hong Kong regulators intensify cross-border investment scrutiny.
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China overtakes Japan as largest passenger car supplier to Australia in April 2026
China surpassed Japan to become Australia’s top passenger car supplier in April 2026 with nearly 36,000 cars imported.
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China and South Korea agree to increase weekly flights for first time since 2019
China and South Korea agreed to raise weekly passenger flights from 608 to 664 and freight flights from 54 to 68 during talks in Seoul on May 27-28, 2026.
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Nvidia CEO Jensen Huang names robotics South Korea's next major sector during Seoul visit
Nvidia CEO Jensen Huang said June 5 that robotics will be South Korea's next big industry, citing its strong manufacturing and AI base.
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NVIDIA CEO Jensen Huang's South Korea visit sparks surge in LG and Samsung stocks
NVIDIA CEO Jensen Huang’s visit to South Korea this week boosted Korean tech stocks, with LG Electronics and Samsung shares hitting record highs.
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Chinese mainland investors sell HK$3.6 billion of Hong Kong stocks in May amid AI shift
Mainland Chinese investors became net sellers of Hong Kong stocks in May 2026 for the first time in nearly three years, selling HK$3.6 billion amid a shift to mainland AI shares.
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China and Taiwan Airlines Cut Fuel Surcharges in Early June 2026
China domestic airlines lowered fuel surcharges starting June 5; Taiwan cut international surcharges from June 7, 2026.
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Blackstone-backed Liftoff Mobile raises $437 million in US IPO priced at $23 per share
Liftoff Mobile raised $437 million in its US IPO by selling 19 million shares at $23 each, debuting on Nasdaq at $25.10 a share today.
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UK car registrations hit post-Covid high in May on Chinese EVs and Tesla sales surge
UK car registrations rose 7% in May 2026 to 160,662, driven by strong sales from Chinese EV brands and a 45% jump in Tesla sales.
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Lufthansa Boeing 787 nose gear collapses at Frankfurt gate, injuring staff
On June 4, a Lufthansa Boeing 787-9 experienced a nose landing gear collapse at Frankfurt Airport, injuring several employees and cancelling flight LH450.
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Nissan explores making Chery vehicles at Sunderland plant starting 2027
Nissan signed a non-binding deal with Chery to build Chinese-brand cars at its UK Sunderland factory from 2027 onwards.
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Trump Administration Appeals Court Ruling on $166 Billion Tariff Refunds
The Trump administration has filed an appeal challenging a court order to refund $166 billion in tariffs deemed illegal by the Supreme Court.
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China expands outbound investment rules to cover individual investors for first time
China’s cabinet on June 1 extended outbound investment regulations to individual investors, broadening oversight beyond corporate overseas investments.
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Tiger Brokers and Futu to halt new positions for mainland Chinese investors from June 12
Tiger Brokers and Futu will stop mainland China-based investors from opening new accounts or adding new positions starting June 12, 2026.
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EU Commission grants member states 0.3% GDP fiscal leeway for energy crisis aid
The European Commission will let EU countries exceed fiscal limits by 0.3% of GDP annually for green energy crisis support measures.
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France fines Shein over 22 million euros for consumer protection violations
French authorities fined Shein 22.4 million euros on June 3 for traceability, labeling, and consumer info breaches.
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EU could lose up to 1.3 million jobs in 2026 due to Iran war and energy crisis
European Commission warns the EU risks losing between 1 million and 1.3 million jobs this year amid Iran conflict and soaring energy costs.