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TodayOct 9Fri5 items
  1. SCMP China90

    US Treasury issues first outbound investment fine, penalizes Plug and Play parent US$200,000

    The US Treasury announced its first penalty under outbound investment rules, fining Amidi, LLC US$200,000 for failing to report a US$92,478 investment in Shanghai Qiongche Intelligent Technology, a robotics AI company. The Treasury said the parent of Plug and Play Tech Centre's Chinese fund subsidiary did not submit the required notification.

    美国财政部首次依据对外投资规定处罚,向Plug and Play母公司罚款20万美元

    美国财政部宣布依据对外投资规定实施首次处罚,向Amidi LLC处以20万美元罚款,原因是该公司未按规定报告其中国基金子公司对上海琼彻智能科技有限公司(一家机器人AI公司)约9.25万美元的投资。财政部表示,Plug and Play Tech Centre母公司的中国子公司未提交所需通知。

    Why it matters: First outbound investment penalty signals Treasury is actively enforcing notification rules on US capital flowing into Chinese AI companies, not just talking about them.

  2. SCMP China50

    US judge blocks release of alleged Beijing agent accused of filming Taiwan leader's son

    A federal judge ordered Wanying "Heather" Zhang held in custody, blocking her release. Zhang is accused of being a Beijing agent who filmed the son of a Taiwan leader. US Magistrate Judge Steve Kim sided with prosecutors, who argued Zhang's parents and siblings lived in China, posing a flight risk.

    美国法官驳回保释请求 涉北京特工被指拍摄台湾领导人之子

    联邦法官驳回万颖·张(希瑟·张)的保释请求,维持羁押。万颖·张被指控为北京特工,涉嫌拍摄台湾领导人之子。美国治安法官史蒂夫·金支持检方论点,称张的父母和兄弟姐妹均在中国,存在潜逃风险。

  3. SCMP Top Stories42

    Hong Kong national security police charge man with seditious social media posts

    Hong Kong national security police have charged a 52-year-old man with publishing seditious material on social media. The defendant is accused of posting content with intent to provoke hatred towards the central Chinese authorities, the Hong Kong government and the judiciary. The first court hearing took place on Wednesday.

    香港国安警员起诉一名男子涉嫌发布煽动性社交媒体帖子

    香港国安警员起诉一名52岁男子涉嫌在社交媒体发布煽动性材料。被告被指控发布内容,旨在煽动对中央政府、香港政府和司法机构的仇恨。首次听证会于周三举行。

  4. SCMP Top Stories35

    Former Greentown China Chairman Zhang Yadong Charged for Taking HK$20 Million Bribes for Real Estate Stake

    Hong Kong's Independent Commission Against Corruption (ICAC) charged Zhang Yadong, former chairman of Greentown China Holdings from 2019 to 2025, with conspiracy to accept advantages for allegedly taking HK$20 million (US$2.5 million) in bribes from a mainland Chinese property developer. The bribes were allegedly in exchange for acquiring a stake in the developer's real estate project. The case was mentioned at Eastern Magistrate's Courts.

    前绿城中国主席张亚东被指控收受2000万港元贿赂以换取房地产项目股份

    香港廉政公署(ICAC)指控张亚东涉嫌收受内地房地产开发商2000万港元(约250万美元)的贿赂,以换取该开发商房地产项目的股份。张亚东于2019年至2025年担任绿城中国控股有限公司主席,面临串谋收受利益的指控。案件于东区裁判法院提讯。

  5. SCMP China75

    U.S. Labor Dept investigates 9 universities over alleged J-1 visa fraud targeting Chinese scholars

    The Trump administration, through the Department of Labor's inspector general, announced an investigation into nine US universities over alleged J-1 visa fraud, with officials expressing concerns about Chinese scholars and the Chinese government. Anthony D'Esposito, inspector general of the US Department of Labor, announced the investigation at a Thursday press conference.

    美国劳工部调查9所大学涉嫌J-1签证欺诈,重点关注中国学者

    特朗普政府通过劳工部监察长宣布对9所美国大学涉嫌J-1签证欺诈展开调查官员对中国学者和中国政府表示关切。美国劳工部监察长安东尼·德波西托在周四的新闻发布会上宣布了这一调查。

    Why it matters: The investigation targets the J-1 exchange visitor program used by Chinese researchers and students, signaling heightened visa scrutiny amid broader US-China academic ties tensions.

Apr 3Mon
  1. CNN80

    Cybersecurity researchers find malware in Pinduoduo app that monitors users and competitors

    Cybersecurity researchers from Asia, Europe and the U.S. identified malware in Pinduoduo, a Chinese e-commerce app with 750 million monthly users, that can monitor activities on other apps, read messages and change settings. The app exploited dozens of Android vulnerabilities to collect user data without consent. Google suspended Pinduoduo from its Play Store in March. A company source said a 100-person team developed the exploits to boost sales before being disbanded in early March.

    网络安全研究人员发现拼多多应用存在恶意软件可监控用户及竞争对手

    来自亚洲、欧洲和美国的安全研究人员发现,拼多多应用中存在恶意软件,可监控其他应用活动、读取短信并更改设置。该应用利用数十个安卓系统漏洞在用户不知情的情况下收集数据。谷歌于3月将拼多多从Play商店下架。公司内部人士称,一个约100人的团队开发了这些漏洞以提升销量,该团队于3月初被解散。

    Why it matters: The case shows Chinese apps may use aggressive data collection that violates both user privacy and China's own data protection laws, creating legal and reputational risk for Temu's global expansion.