If the battery-maker's listing goes through as it plans, it would be the largest globally so far for the year

The tech giant’s shares are up more than 70% so far this year after jumping nearly 90% over the past 12 months

A protectionist shift in US politics will spell further bad news for China’s currency and equities

China's recent policy stimulus has triggered a furious rally in stocks, though that euphoria has turned into caution in past weeks

Hong Kong's benchmark saw the biggest losses in Asia with China's Politburo meeting announcing no new detailed efforts to boost the world's second-biggest economy

Among the biggest drags on Nikkei was Toyota Motor, which slid 2.6% amid continued fallout from a safety test certification scandal

The latest halt in the global risk rally comes on the back of data pointing to lingering inflationary pressures across major economies

The debut gave Zeekr a fully diluted valuation of $6.8 billion, or about half the $13 billion it fetched after a funding round last year

Expectations of an easier US monetary policy also boosted investor sentiment across Asia after inflation data on Friday fuelled rate-cut hopes

Nikkei heavyweights with a significant presence in China have seen mega rallies, especially in the chip sector

But how long the market recovery will last remains to be seen, given that broader data out of the world’s second-largest economy continues to disappoint

The threat of overpriced shares, as well as possible political change and regulatory uncertainty, have failed to deter the reflow of cash