New York-based Grizzly Research alleged that China EV manufacturer Nio used creative accounting to inflate its net income margins. Nio said on Thursday the claims had no merit and 'contained errors'.
Shares of Tencent Holdings, China's gaming giant, fell as much as 2.5% to HK$374.60 in the afternoon on Monday, after Prosus and Naspers said they would gradually sell shares in the firm
Stocks were up in Asia on Friday with South Korea enjoying the largest daily jump in 16 months, while tech shares helped lift markets in China, Japan, and Australia
The A$76 million ($52 million) investment would make Stellantis the company's second-largest investor with an 8% holding
The Chinese company, often compared with Spotify, was looking to raise up to $100 million
China plans to launch stock index futures and options based on the CSI1000 index, which tracks small caps listed in Shanghai and Shenzhen.
Toshiba shares rose 5.3% in Tokyo early on Thursday, outperforming a 0.8% rise in the benchmark Nikkei average
China tech firms listed in Hong Kong rose as much as 2% on state support for the fintech industry before shedding gains
Prime Infrastructure is building the world's largest solar power facility combined with a 4,000-4,500 megawatt-hour battery energy storage system
Tianqi's listing on the Hong Kong Stock Exchange could become the bourse's biggest initial public offering this year
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