Tencent invested in 258 companies, 60% more than in 2020. Alibaba made 70 investments, up 59% and ByteDance bought into 58 companies, 87% more

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

The cryptocurrency has been positively correlated with S&P 500 index since early 2020, meaning they broadly move up and down together

Figure marks a 2.7% jump from November, according to the China Securities Depository and Clearing Corporation Ltd

Draft rules unveiled by the China Securities Regulatory Commission (CSRC) will require firms to file with the securities regulator within 10 working days after their first engagement in such business.

Cryptocurrencies slid across the board amid rekindled fears of heated inflation and aggressive US Federal Reserve policy tightening

The ETF was listed on the Shanghai Stock Exchange on Friday with assets under management of 252 million yuan ($40 million)

Evergrande seeks more financial and legal advisers, while Country Garden surprised with a new issue of $500 million in convertible bonds, after a similar attempt failed last week

The second SPAC to debut in the city-state raised S$170 million ($126 million) and plans to invest in tech-enabled sectors

Move by Serbia comes as it approaches an election, and as ties between Belgrade and Canberra sour after Sunday's high-profile deportation of Novak Djokovic

The two bourses signed a MoU in December to develop a connection allowing investors in Singapore and China to access feeder ETFs

Investors should favour stocks in the MSCI China and MSCI Hong Kong indices over global benchmarks, BCA Research analysts said