Financial authorities fear the boom in crypto trading could destabilise the economy and want to limit its impact on the economy.

Tencent Holdings plans to take DouYu International private amid disagreements over strategy, regulatory hurdles and a plunge in the company's share price, sources say

China Resources Land secured $3.64 billion in credit for real estate acquisitions on Wednesday, and other state developers completed bond sales worth 2.29bn yuan for the same purpose.

Hong Kong, Shanghai, Singapore, Wellington, Jakarta and Bangkok rose, while Tokyo, Seoul, Taipei and Manila edged down. Sydney and Mumbai were closed for holidays.

Chinese state-owned property firms are expected to acquire more assets from cash-strapped private developers, as Beijing steps up efforts to stabilise and tighten control over crisis-hit sector

Sources said Shein founder Xu was eyeing Singapore citizenship partly to bypass China's new and tougher rules on overseas listings, as it could ease the path to an offshore IPO

China's 2021 fiscal revenues rose 10.7% to 20.25 trillion yuan ($3.2tn). Vice Finance Minister Xu Hongcai said greater tax and fee cuts would be unveiled in 2022 to relieve pressure on economy

Australian PM Scott Morrison has been blocked from his WeChat account. Tencent said it may be 'a dispute over account ownership' while colleagues say it is 'foreign interference'

Singapore's Temasek Holdings has agreed to buy Element Materials Technology for about $7 billion, as it sees a chance to boost growth at the testing and inspection services provider, sources say

Food delivery firm Swiggy doubled its valuation to $10.7 billion in its latest funding round led by Invesco, as competition intensifies in India's delivery sector

Domestic and global fund managers are eyeing a buy-up of dollar bonds issued by Chinese developers that were beaten down by Beijing's campaign to cut debt in the sector

Flare-ups persist ahead of the Winter Olympics in Beijing in two weeks. Officials in four provinces have found infections linked to clusters in the capital, it was revealed on Monday