South Korea's Coupang is trading 70% below its listing price and is one of many SoftBank portfolio companies, including Didi and Grab Holdings, that tumbled in the January-March quarter.

The state-owned enterprise has noticed sharp growth for its medical aesthetics business after the company became the exclusive distributor in China for Letybo, a botox product

The company upset Chinese regulators by pushing ahead with a $4.4 billion listing in the US despite being asked to put it on hold. Shareholders will vote on its US delisting plan on May 23.

China stocks closed higher as investors took comfort in lower Covid-19 cases, while US President Joe Biden's decision to consider eliminating Trump-era tariffs on Beijing lifted risk appetite.

Vingroup Chairman Pham Nhat Vuong tells company's annual general meeting the conglomerate was prioritising spending on VinFast and gave an aggressive car sales target.

Shares in KE Holdings, which operates the online property platform Beike, opened at HK$30 each

Speculation that Russia may declare full-scale war on Ukraine to call up reserves during "Victory Day" celebrations also hit market sentiment

That poses “systemic risks” to its future, the newspaper said, with customers and governments increasingly demanding more sustainable supply chains

The airline projected the number of flights to North America to return to pre-pandemic levels in the second half of the business year which began on April 1

US accounting regulators have arrived in Beijing in a bid to resolve the long dispute over the auditing of Chinese companies listed on US stock exchanges, people familiar with the matter said

The CSI 300 index of stocks listed in Shanghai and Shenzhen dropped by more than 2.5%, while in Hong Kong the benchmark Hang Seng index fell as much as 3.8%.

Nio, which was this week added to a US list of potential delisting candidates, announced on Friday it is seeking a secondary listing