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Tencent Tumbles Out of World’s Top 10 Most Valuable Companies

Social networking giant overtaken by Exxon Mobil on global leader board after 10 day stock skid
Funky ‘Eat Streets’ Lose Flavor With Hutong Brick-Overs

Essence of city life stifled by regulations
This Week’s Movers and Shakers

The biggest moves in China’s financial sector – plus corruption, more corruption, and changes at the top at HNA
Calpers May Hire China Forex Official as Investment Chief

Ben Meng offered post at largest U.S. pension fund, one of his former employers, Wall Street Journal reports
Big Banks Vow to Buy More Local Government Bonds

State-owned lenders may be tempted by unconfirmed measure that would give securities risk-free weighting
Opinion: Beijing Judge Says Didi Deserves Criticism for Not Curbing Risk to Passengers

Ride-hailing service may have fulfilled legal responsibilities, but not social ones
HuaAn Finds Itself Target of Investor Ire After P2P Company Accused of Fraud

Fund manager, a former minority stakeholder in PPMiao.com’s operator, says it is not involved in troubled firm’s business operations
Turkey’s Lessons for Emerging Economies

How a boom went bust amid heavy foreign debt, a ballooning current-account deficit and surging inflation
Officials Fall as Vaccine Scandal Widens

Firings highlight need for reform in industry rife with mismanagement and weak oversight
This Week’s Movers and Shakers

A new product covering the biggest moves in China’s financial sector — plus corruption, zombie princes, and showbiz scandals