HKEX has suffered a notable decline in listings and trading at its two Hong Kong exchanges from both China's economic slowdown, plus lingering geopolitical tension.

China stocks slipped and Tokyo was flat. Sydney and Mumbai both rose 0.6% while South Korea edged up 0.2%.

China Life Insurance, plus oil giants Petrochina and Sinopec, and Chalco, which have a combined market cap of more than $300bn, will voluntarily exit US markets this month

China Tourism Group Duty Free Corp aims to raise up to $2.16 billion in a listing due to launch on August 25. It will be the biggest listing in Hong Kong this year.

SoftBank chief Masayoshi Son said the world was "in great confusion" and signalled personnel cuts at the Vision Fund, saying there were no "sacred areas"

Sliding values of stocks held by SoftBank's Vision Fund suggest more bad news when CEO Masayoshi Son reports first-quarter earnings next week

Of 132 IPOs and secondary listings on the city's stock exchange since the start of 2021, which raised some $47.6 billion, 111 are currently trading in the red, new data has shown

Hong Kong's benchmark Hang Seng Index climbed by 1.7% in afternoon trading, while the blue-chip CSI300 Index was 0.6% higher

Chinese markets were among the worst hit, with Hong Kong and Shanghai both down 2.3%, Shenzhen off by 2.9%, while the Nikkei fell 1.4%

HSBC plans to boost dividends rather than split the bank in two, saying any such move would generate huge one-off execution costs and could hit regulatory setbacks

The US Securities and Exchange Commission on Friday added Alibaba to a list of Chinese companies that could face delisting from US exchanges, triggering an 11% drop in its shares.

South Korea allows limited short-selling of locally listed stocks, but retail investors have complained that the practice mainly benefits big institutional and foreign investors