The Ministry of Culture and Tourism said at a July 10 briefing it has stepped up coordination with public security authorities, the State Administration for Market Regulation and the Cyberspace Administration to strengthen case handling. In 1H 2026, cases filed rose 49.3% YoY and cases involving forced shopping rose 86.9% YoY, measures the ministry said have increased deterrence against conduct that harms tourists’ rights and market competition.

Korean media report Tesla has released FSD Supervised v14 Light in South Korea for US-made Model 3 and Model Y, the second market after North America. The supervised driver-assist handles route navigation, steering, lane changes, intersections and parking; Tesla says v14 Light is more natural and stable in curves and complex driving. Market participants are watching whether Tesla will extend the update to China-made Model 3/Y — a prerequisite for materially growing the FSD user base given China-made units account for most Tesla sales in Korea. Tesla has not disclosed any plan or timetable to apply the update to China-made models.

After a rare zero issuance in Q1, Chinese banks' Tier-2 perpetual bond issuance accelerated sharply in Q2, exceeding CNY1 trillion in aggregate. Issuance has concentrated with large state-owned banks as the dominant issuers while small- and medium-sized banks have slowed issuance amid downward pressure on capital adequacy ratios. Smaller banks are pursuing alternate recapitalization channels—convertible-bond conversions, injections via local government special bonds and other innovative tools are accelerating. Market participants say the issuer split reflects credit stratification and a reworking of regulatory logic, highlighting more granular risk pricing and the urgency for smaller banks to both raise capital and improve asset quality.