Latest: Asia Stock Market News
Embattled developer's electric vehicle unit said it would issue about 900 million shares. That would see its total holdings in the unit drop to 58.5% after the fundraising.
The city is being planned in the east of the Central American country and would get its energy supply from a volcano
A flurry of asset sales and share placings, including some from Evergrande, has sparked hopes this week that the sector will be able to avoid a full-blown crisis
Companies involved in the cases would be fined $78,000 each under China's 2008 Anti-Monopoly Law, the market regulator said
Chinese e-commerce giant knocked back after a year of regulatory crackdowns and slowing growth in the world’s No2 economy
Some analysts fear the jump in prices of lithium, a key constituent of batteries that drive electric vehicles, could cool people’s adoption of electric vehicles
Fidelity wins approval to set up a wholly owned mutual fund business in China, becoming the second global investor after BlackRock
'Specified skilled workers' in 14 sectors have been allowed to stay for up to five years, but without their family members
China's economy has recovered steadily and it is still enjoying comprehensive competitive advantages, says commerce ministry official
Funds with large holdings of Chinese real estate companies have been hit hard by the crisis spurred by Evergrande and debt-laden developers
In This Section
AF Market Insights
-
China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
Market InsightsChina Stock Market Guide: Everything You Need To Know
AF China Bond
China Stock Markets
-
SemiconductorsTaiwan to Fine Foxconn After Unauthorised Chinese Investment -
Market InsightsChina’s Covid Infections Rise Further as Outlook Darkens
AF TV: Market Analysis
Markets: The Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
-
Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
-
MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
-
MarketsIndian-Owned Tech Firms See Sharp Growth in UKDespite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
-
MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
