The Hang Seng index fell 3.1% by the close of trading, while on the mainland, the bluechip CSI300 index was down 0.8%

Latest rate hike by the US Fed forced the PBOC set a midpoint rate of 7.2472 per dollar, 275 pips or 0.28% weaker than the previous fix, and the softest since January 2008

Tough Covid curbs have shut two plants run by EV maker Nio, and caused a fresh lockdown at the world's biggest iPhone factory, while also shutting 1,400 Yum China outlets last month

A US Federal Communications Commissioner says the US should ban TikTok as there may be no way around concerns about China accessing its user data

China Evergrande said this week it has received a notice of enforcement from Shengjing Bank for unrecoverable funds totalling 32.595 billion yuan ($4.48 billion)

Some 14 auditors have severed ties with Chinese property firms listed in Hong Kong this year, which has raised concern about debt-ridden developers that have failed to publish financial results

The head of metals-to-oil group Vedanta expects annual revenue to double to $50 billion in the next 2-3 years, as it ramps up production of metals used in EV batteries

Chinese tech giant plans to leave the Russian market, according to a report by Novinite.com in Bulgaria, which cited Izvestia and said the company had stopped direct deliveries to the country

Exports sank in October by the most in more than two years, official data showed, the most since August 2020. Government vows to boost the economy but said it could take time.

China home prices and sales dropped further in October, according to private data, while Shanghai developer CIFI has suspended payment on offshore debt. Analysts say Covid policies are making the crisis worse.

Shanghai's Covid caseload tops 2,700 on Tuesday, while Foxconn boosts pay fourfold to overcome recent worker exodus

New list expands the number of industries to 519 from 480 in the last publication of eligible sectors in 2020 and is part of a plan to improve industrial and supply chains.