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Fines Increased Tenfold, Lifetime Ban for Fraud: Major Revisions to the Certified Public Accountants Law—How Should Cross-Border E-Commerce Companies Handle Their Accounting?On June 26, the Standing Committee of the National People’s Congress voted to adopt the amendments to the Certified Public Accountants Law, which will take effect on January 1, 2027.
This amendment to the law is not just a minor tweak. Enacted in 1993 and slightly adjusted in 2014, this is the most sweeping revision in three decades—comprising a total of 27 changes, all aimed at a single target: audit fraud.
2026-07-06
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Anker Innovation Goes Public on the Hong Kong Stock Exchange with a HK$4.6 Billion Offering—Why Are Leading Cross-Border E-Commerce Companies Flocking to Hong Kong?On July 2, Anker Innovation was officially listed on the Hong Kong Stock Exchange.
A total of 46,632,800 H-shares were offered globally at HK$99.32 per share, raising approximately HK$4.6 billion. This marks the completion of Anker’s ”A+H” dual-capital platform strategy, following its listing on the ChiNext board of the A-share market in 2020.
In 2025, Anker Innovation reported revenue of 30.51 billion yuan and net income of 2.545 billion yuan, with products available in more than 180 countries and regions and serving over 200 million users. Why would a leading cross-border e-commerce company of this scale incur the additional cost of a Hong Kong IPO?
The answer lies not in the IPO itself, but in Hong Kong’s role within the overall cross-border e-commerce capital chain.
2026-07-06
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TikTok Shop has expanded to 13 countries in Europe; without local VAT registration, you can’t access the platform or sell there.On June 15, 2026, TikTok Shop announced the official launch of four new markets: Poland, the Netherlands, Belgium, and Austria.
至此，TikTok Shop欧洲市场覆盖国家数量达到13个。从2025年3月首批3国起步，到今天13国，15个月内扩张了10个站点——速度超过几乎所有人的预期。
2026-07-03
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U.S. Customs has permanently closed this channel: Small packages valued at less than $800 are no longer exempt from duties.
On May 2, 2026, U.S. Customs officially closed the T86 small-value duty-free lane.
It’s not a suspension, it’s not an adjustment—it’s a permanent closure.
The De Minimis duty-exemption policy, which had been in effect for nearly a century, has now been phased out.
2026-07-03
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The U.S. has just exempted domestic small businesses from a reporting requirement, but companies with Chinese ownership must now clear three additional hurdles.
今年，美国悄悄豁免了大量本土小型企业的BOI（受益所有权信息）申报义务。
2026-07-03