EDM 1 – Issue 534

We are publishing a day early this week because of the upcoming four-day holiday in Hong Kong

City slickers: how China’s local governments are buying up big stakes in ‘private sector’ champions

Can Chinese chipmakers catch up with their global rivals in two key areas; Beijing bashes tutorial schools, prompting stock price plunge; and how office romances caused shareholder chaos at two high-flying companies

Plus: China’s latest skinny craze brings crowds to Uniqlo stores; South Korean kids cartoon Super Wings is grounded because of its maps; and veteran film director gets a fail for yet another female-centric drama