Two Chinese regulators announced draft rules for firms' offshore listings over the past week, giving some clarity on how they plan to monitor capital market activities amid the regulatory crackdown.

The CSRC has proposed that banks that manage a Chinese firm's offshore listing to register with them and file annual reports on the listings they work on

Stocks fell in most Asian centres on Wednesday as a "Santa Claus rally" showed signs of fatigue and continued fears over the Omicron variant – and uncertain prospects for 2022

The mechanism, known as "listing by introduction", would allow owners of Didi US shares to transfer them to the Asian city's bourse gradually

Regulator sets limit on level of proceeds from new issues a firm can use for takeovers in the event the company has not specified the acquisition target in its offer document.

The optimistic risk-on appetite in the US carried over to Asia, with Tokyo up 1.4% while markets in Singapore, Seoul, Jakarta, KL and Taipei all enjoyed a rise

Chairman Hui Ka Yan vowed on Sunday to deliver 39,000 units of properties in December, but the group looks likely to default on a further $255m of bond payments due today

Asian shares dipped in subued holiday trade on Monday as fears lingered over the impact of the Omicron Covid variant. Airline traffic was disrupted in some states, but retail sales were healthy.

Listings around the world raised a record $594 billion in 2021, amid stock market rallies, yet investors were often disappointed with subsequent stock performances

The company sold 1.5 billion shares in the deal, its second attempt to list in Hong Kong in a matter of weeks

India was placed fourth when it comes to the number of companies valued at over $1 billion last year but the US and China, who occupy the first two ranks, are way ahead

Hutchison was a non-executive director when the NZX-listed company collapsed in 2018 with a market capitalisation of $508 million