Capital Flight · Full chronicle and history

China's customs authorities have introduced new regulations concerning entry-exit management, which are being pointed to as primarily targeting wealthy individuals and high-profile entrepreneurs for border control to prevent the flight of capital and personnel.

A post appeared on X claiming that Trip.com boss Liang Jianzhang was caught while crossing the border into Vietnam via a back road from Pingxiang, Guangxi, with his entire family. After verification, this news is false.

Anta brand CEO Xu Yang resigned for family reasons, posting on WeChat Moments at Hong Kong Airport on August 18, with the flight bound for Los Angeles, completing a relocation of his whole family.

In May 2026, Li Hua, founder of Futu Securities, was fined over $270 million for "illegally facilitating cross-border investments." Futu stated that only 17% of its client assets originated from accounts in mainland China.

In May 2026, China's integrated circuit exports grew only 2.1% year-on-year in physical volume, while export value surged 110.9%, showing a clear divergence between volume and price.

Through a structure of BVI companies plus a Cayman Islands trust, Pan Shiyi placed as much as 94.78% of SOHO China's equity into an overseas offshore trust.