Latest: Asia Stock Market News
Asian shares were lifted by positive messages from the US Fed, dismissing fears of more hefty rate rate hikes, but growth worries weighed on the mood in Hong Kong
Uber reported a mixed first quarter on Wednesday, with bookings up 35% from a year ago – but a net loss of $5.9 billion, due to the drop in value of its stakes in Didi, Grab and Aurora
The region's combined net foreign selling during January to April stood at $45.76 billion, the most in the first four months since at least 2008
China markets seen as unlikely to attract new inflows till economy stabilises, as trade tensions, regulatory crackdowns and Covid lockdowns have hurt confidence and earnings
International loans by China Development Bank and China Exim Bank peaked at $21 billion in 2015, but there were no new loans over the past two years, researcher says
ThaiBev said in a regulatory filing it has restarted work to list its regional beer unit, BeerCo, and would look to sell up to a 20% stake
New York-listed Chinese real estate firm said it will start trading its stock on the Hong Kong exchange on May 11
Congress has been working on China competition legislation for more than a year. The Senate first passed a version in June 2021, with strong bipartisan support
Hong Hao was among the most outspoken China market analysts, and worked in a high-profile post with the securities unit of state-owned Bank of Communications
One of China's largest companies, China Petroleum & Chemical Corporation, known as Sinopec, and electric vehicle maker Nio were also among the names added
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
