Latest: Asia Stock Market News
China shares hit a five-week high as foreign inflows surged ahead of Covid-hit Shanghai’s reopening, but Tokyo stocks eased, with rising US yields worrying investors
The move comes amid reports the government faces a cash shortfall of up to 6 trillion yuan (nearly $900 billion) because of the plunge in land sales and other tax revenue
The gap between 10-year yields on Chinese and US government bonds has vanished for the first time in more than 10 years
Heads of Australia's top power producer said they would step over an unpopular plan to split the group in two. The news is a triumph for climate activist and billionaire Mike Cannon-Brookes
The operator of one of Australia's biggest casinos was fined $57.4 million on Monday by the Victoria state gambling regulator for allowing an illegal transfer of funds from China
Hong Kong’s tech firms rallied strongly as traders welcomed an easing of Covid containment measures in Shanghai and Beijing
The issue will be one of the first by a Chinese developer this year in a US dollar bond market amid concerns about the health of the property sector after a series of defaults
Authorities in both Shanghai and Beijing eased restrictions on Sunday, reopening venues, transport systems, while announcing plans for a wind-down of curbs in coming days
Speculation has risen that Australia's biggest power generator will review its plan to split into two, with its board due to meet on Sunday amid doubt shareholders will back the 'demerger'
Applications have been filed at two mainland stock exchanges for China's first public real estate investment trusts (REITs) based on residential properties.
In This Section
AF Market Insights
-
China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
Market InsightsChina Stock Market Guide: Everything You Need To Know
AF China Bond
China Stock Markets
-
SemiconductorsTaiwan to Fine Foxconn After Unauthorised Chinese Investment -
Market InsightsChina’s Covid Infections Rise Further as Outlook Darkens
AF TV: Market Analysis
Markets: The Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
-
Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
-
MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
-
MarketsIndian-Owned Tech Firms See Sharp Growth in UKDespite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
-
MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
