Share this on Twitter Share this on Facebook Share this on LinkedIn Share this on Sina Weibo Share this on Wechat Share this on LinkedIn Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations. Want this emailed directly to your inbox? Send us an email at firstname.lastname@example.org to sign up. The Financial Times China raises scrutiny of financial holding groups ahead of Ant IPO — Cabinet passes rules requiring non-bank companies in sector to apply for licences.Laos faces sovereign default as forex reserves dip below $1bn — Finance ministry asks China for advice on restructuring its debt.Hong Kong: Beijing cracks down while the financial centre thrives — Ant Group’s IPO will take place against a backdrop of the dismantling of the territory’s pro-democracy movement.US puts new restrictions on Chinese diplomats — Tensions between Washington and Beijing are rising ahead of US election.Citi/China: joint custody — Fast growth makes Chinese custody morSubscribe or login to read the rest. Subscribers get full access to: Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else. A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times. A daily roundup of China finance, business and economics headlines. We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.