Against Capital Flight · Full chronicle and history

According to Reuters, the State Administration of Foreign Exchange (SAFE) has been intensively instructing banks to raise the foreign exchange hedging ratio for enterprises, lifting the national average to around 35.3 percent and coastal export-heavy provinces to above 40 percent.

Chinese authorities blocked Meta's acquisition of AI company Manus for about $2 billion and imposed exit bans on two of Manus's founders, seen as a case of China's extraterritorial regulations being enforced in practice.

On May 27, 2026, multiple mainland Chinese residents reported that HSBC Hong Kong has suspended online self-service opening of investment accounts; applicants must visit an offline branch in Hong Kong to sign a declaration that their funds do not originate from the mainland, and violations may face account closure and accountability.

China has recently required stricter reviews of the overseas historical investment records of companies and residents, extending the look-back period from five years to 20 years.