China is in a transitional period in the financial market regulation of FHCs and is still in an era of pilot regulation. The book now reviews the regulation of FHCs in China, which is highly controversial in terms of the legislative model and the uniformity of regulation. Chinese legislation and regulation of FHCs are still in their early stages, and more reforms will emerge in the future. This is partly in response to the adjustments brought about by fintechs to the regulation of FHCs and partly to resolve the deep-seated conflicts in the regulation of FHCs in China with respect to central and local regulators. To address these potential conflicts of interest, Chinese regulators should integrate prudential regulation into the regulation of fintech, in addition to the imminent need for a coordination mechanism between regulators. The Financial Stability Board will play a better role in the future. It is also the experience of other jurisdictions with prudential regulation of FHCs after the financial crisis in 2008.