Latest: Asia Stock Market News
``Global investors' appetite for Chinese assets will remain low as China's outlook is highly uncertain due to the zero-Covid policy,’’ says Oxford Economics.
Investors took a breath on Tuesday after a weeks-long slump, with the Nikkei and Hang Seng recovering some of their recent losses
Tianqi's listing on the Hong Kong Stock Exchange could become the bourse's biggest initial public offering this year
Japan's Nikkei closed at a five-week low while South Korea hit its lowest levels since November 2020 and shares in Kuala Lumpur ended at their lowest point in two years
IPO proceeds in the Asia Pacific this year up to June 14 were down 26% from last year, while the count was 31% less than 2021, while global listings are less than half of last year
The Chinese internet and gaming giant's move to delay the launch comes just after the game's official account on Weibo was banned from making new posts
The dollar index, which measures the currency against the yen, euro and four other peers, was flat at 104.70, below the 105.79 high from Wednesday, a level not seen since late 2002.
The biggest cryptocurrency is down about 32% over the past month and almost 60% this year
Hong Kong Monetary Authority buys HK$12.819 billion ($1.63 billion) from the market during trading hours in New York to stop the currency from breaking its peg to US dollar
Hong Kong Exchanges and Clearing Ltd (HKEX) is weighing opening global offices to woo companies and investors in Europe and North America
In This Section
AF Market Insights
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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
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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
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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.
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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
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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.
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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.
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