Sunlands Technology Group Announces Unaudited Fourth Quarter and Full Year 2025 Financial Results

Product development expenses increased by 71.3% to RMB7.7 million (US$1.1 million) in the fourth quarter of 2025 from RMB4.5 million in the fourth quarter of 2024. The increase was mainly due to ...
International Monetary Fund

Shifting Ground beneath the Calm

Financial stability risks remain elevated amid stretched asset valuations, sovereign bond market pressures, and rising influence of nonbank financial institutions. Structural changes in foreign ...