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South China Morning PostChina’s Ministry of Industry and Information Technology has begun developing a safety benchmark to evaluate artificial intelligence models. The effort recruits companies and experts with applications due Tuesday after a notice issued Monday.
benzinga.comSusquehanna is pursuing legal action to identify individuals it alleges made at least $100 million trading on nonpublic information about a Chinese government crackdown on cross-border brokerages last month. The move targets alleged insider trading tied to the June regulatory act…
soompi.comChinese regulators moved against online brokerages offering unauthorized cross-border trading. The action triggered a sharp drop in shares of one listed firm and reduced the wealth of its founder.
businesstoday.inChina’s securities regulator opened enforcement actions against Futu, Tiger Brokers, and Longbridge Securities for serving mainland investors without approval. The measures include a two-year wind-down period and proposed fines totaling hundreds of millions of yuan.
BenzingaChinese authorities summoned more than eight electric vehicle manufacturers and placed three under investigation after owners reported battery range reductions of up to 125 miles and longer charging times following over-the-air software updates. The probe centers on what owners d…