China’s tighter scrutiny of foreign capital is forcing more companies to unwind red-chip structures, the offshore ownership model that powered a decade of overseas listings by Chinese technology groups.

Apple’s WWDC 2026 keynote pointed to a major shift in the company’s platform strategy, as Apple Intelligence, Siri, and Safari moved to the center while the operating system played a far smaller role. For observers used to Apple’s annual software showcase, the event looked less like an OS update and more like a preview of a cross-device AI ecosystem.