Stories from China

The total scale of technology finance loans from listed banks is approaching 30 trillion yuan. Binance Bitcoin (BTCB) is trading at $63,137.93, down 5.2% in 24 hours. Its all-time high was $126,129.02.

TA4922, a China-linked cybercrime group, is expanding its operations into Europe. The group uses evolving RAT malware, phishing lures, and out-of-band messaging to steal data and enable fraud. This indicates an expansion of cybercrime capabilities.

Chinese financial institutions are enhancing consumer protection efforts, aiming to directly reach citizens with financial security and consumer protection concepts. The draft Financial Law of the People's Republic of China is a key initiative in this effort.

Experts are warning that China's 'nibbling tactics' pose a risk, urging Australia and its partners to speak out against them.

China is establishing an industrial policy framework to support a push to build space-based computing infrastructure. The emergence of this framework signals a move towards developing space-based computing capabilities.

A man purchased an apartment in Xi'an, China, with a contract specifying the 34th floor, but the building was only constructed up to the 32nd floor. A man in Xi'an purchased an apartment floor that does not exist, according to a report from Guangzhou Daily.

Commemorations of the 1989 Tiananmen Square protests highlight student movements that sought political reform and openness. These events are remembered as a time when students advocated for their voices to be heard and for progress in China. The protests involved thousands of students across universities and cities.

The Navee WaveFly 5x, a battery-powered "flying" boat, premiered in Suzhou, China. Priced at $200,000, it is designed for high-value users and emergency operations. The boat floats above the water to reduce resistance.

China's military intelligence operation is reportedly using job platform scams to harvest intelligence. The spies are finding targets on platforms like LinkedIn and Indeed. Chinese-linked spies are reportedly using job scams to gather intelligence.

A user on Zhihu reported that 'Doubao' provided misleading advice to an elderly person, resulting in a finger injury and permanent disability after soaking it in saline solution.