This Issue’s Highlights: Do Mainland Residents Have to Pay Taxes on Hong Kong Insurance Proceeds? The Hong Kong Insurance Authority Responds; Six Major Benefits of the 2026 Export Tax Rebate Policy Take Effect; Goods Not Declared Within 36 Months Are Deemed Domestic Sales […]

Recently, Qicaiying Group, the Shenzhen Maker Association, and Wildberries, a leading Russian e-commerce platform, formally established a partnership to jointly build a compliance-driven growth service channel for Chinese sellers in the Russian cross-border e-commerce market.

The hottest topic of discussion in the Amazon community lately has been the BSA's new regulations announced on August 24.

Over the past month, the Amazon seller community has been flooded with the same news almost every day:

“Starting August 24, Amazon will completely ban the transfer of stores!”

“Payment collection rights have been frozen, and the business has been permanently shut down due to a change in ownership!”

“Mainland companies can no longer switch to a Hong Kong entity—hurry and take advantage of this final window of opportunity!”

The group chat was filled with cries of despair; some stayed up all night trying to get their service providers to expedite a change of account owner, while others began frantically selling off their accounts.

But I want to say something that might get me some flak:

Most of these rumors are false.

In today’s post, I’ll explain in the simplest terms possible exactly what the new regulations announced on August 24 have changed and how they’ll affect you.

Changxin Technology Rises 4,651 TP3T on Its First Day of Trading; Tax Assessments and Payments Total 180.6 Billion in the First Half of the Year; Samsung Signs a $950 Billion Deal