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

Hong Kong Exchanges and Clearing Ltd (HKEX) is weighing opening global offices to woo companies and investors in Europe and North America

Beijing also should consider lowering the profitability threshold for IPOs by tech firms and start-ups, Morgan Stanley Securities (China) CEO Jing Qian said

The fundraising comes amid increasing volatility in global financial markets roiled partly by concerns about China's economic growth

Prospects of a surge in take-private deals come against the backdrop of the industry's damage from the Covid pandemic and its disruption to travel and tourism

Foreign investors ramped up purchases of Chinese A-share market stocks, boosting inflows of foreign capital this month till June 10, the state outlet said

Car-hailing service Didi Global became the latest Chinese stock delisted from the US markets when it voluntarily exited NYSE on Friday following pressure from Beijing.

"It is turning into a Black Monday in Asia," Oanda wrote in a client note. "The R-word (is) now on everyone's lips" amid "a scramble to reassess Fed hiking expectations."