China is encouraging long-term investors to buy more equities and major shareholders of listed firms to increase holdings when stocks slump, to stabilise a market rocked by the Covid outbreak.

Chinese oil giant CNOOC said on Monday it will raise 28.08 billion yuan ($4.4 billion) in a listing in Shanghai, after setting the price for what will be the mainland 11th-biggest public stock offering

GoTo shares climbed to 416 rupiah (3 US cents) versus the 338 rupiah offer price per share, at the high end of an indicative range for one of the world's largest offerings so far this year

Shares in the country's 30th-largest developer slid 10% in Monday morning trade while its bond prices also tumbled

The firm announced a 16 yuan ($2.50) per share payout in an exchange filing, the most generous amount since the firm was listed in Shanghai in 2017

The Australian agribusiness company has benefitted from supply constraints due to the Ukraine war, while its shares have risen to a record high

In its semi-annual financial stability review, the Reserve Bank of Australia emphasised the financial system was sound and banks were well capitalised

Shenzhen was picked by the central government to be one of the trial cities for carrying out fintech innovation experiments

As vice-chairman, Chang will play a key role in building out the Asian hub for PGIM Investments, as well as enhance PGIM’s overall presence

But Moore Threads, which investors value at more than $2 billion, has omitted important information: key pieces come from the UK

An Alibaba affiliate sold more than $150 million of the tech giant's shares just days before Ant Group's US listing was cancelled, avoiding millions in losses.

The government will authorise a further 100 weekly flights to the US, Europe, Thailand and Singapore, where quarantine exemptions and visa-free entry are possible