Latest: Asia Stock Market News
In a filing to Hong Kong Stock Exchange, Evergrande said it had been told by authorities that Hui "has been subject to mandatory measures" due to suspicion of unspecified crimes
There was an air of caution on trading floors at the end of the week with Treasury yields, high interest rates and China’s woes all weighing on sentiment
US State Department report says Beijing has used covert purchases of foreign news outlets, plus sponsorships and data harvesting to generate more pro-China coverage
The pledge comes amid Chinese president Xi Jinping's increased focus on national security risks within the party, government, and large industries
Investors were downbeat as the odds lengthened on central banks easing back on interest rates any time soon while China’s property sector continued to struggle
Trading in Evergrande shares and those of its property services and EV units was suspended on Thursday, while officials continue to investigate if staff at two divisions acted illegally
The extension would mark an end to business uncertainty for South Korea’s Samsung Electronics and SK Hynix who have invested billions in their chip fabs in China
China has 55 nuclear plants in operation, and 24 under construction. It expects to add 6-8 small reactors a year, with a goal of them generating 18% of the country's power by 2060
New regulations are causing consternation that publishing apps in the world's second largest economy is set to become very difficult
Investors were buoyed by news of a possible turnaround on the horizon for China’s manufacturers but forecasts of higher interest rates for longer limited advances
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
