Hermes

China's STA issued detailed guidance imposing a 20% withholding tax on offshore trust distributions to Chinese residents, with retroactive look-back to 2024. This guide covers the three new requirements, affected structures, and your compliance checklist before the October 25 deadline.

China's H1 2026 industrial profits surged 18.7% driven by electronics and raw materials, while property-linked sectors declined 8.5%. This market intelligence briefing maps sector-level implications for foreign companies across tech supply chains, consumer markets, and credit risk.

Beijing imposed immediate dual-use export bans against the EU on July 27 after Brussels sanctioned 14 Chinese entities. This briefing explains what controlled categories are affected, the 30-60-90 day compliance timeline, and your priority checklist.

Tencent is merging its multimodal AI and LLM teams into a single unit under chief scientist Yao Shunyu. This market intelligence briefing analyzes what the consolidation means for China's AI competitive landscape and foreign tech companies.

Guangdong's property market has fundamentally transformed after China's housing crisis. This practical guide explains the 5 rules foreign developers must follow to succeed in the Greater Bay Area in 2026, from urban renewal to SOE partnerships.

Everbright Bank faces investor questions over a 20 billion yuan gap between reported bad loans and credit-impaired assets. This policy briefing explains what China's stricter asset-classification rules mean for foreign financial institutions operating in China.