Latest: Asia Stock Market News
São Paulo-based company does not rule out acquisitions in China but senior executive prefers building the company's own factory there
Changes planned as e-commerce group faces headwinds from increased competition, a slowing economy and a regulatory crackdown
China's Didi Global has seen a 7.9% fall in its shares since the end of September and that will have hurt the institutional investors holding 27% of the company
Apparent defaults by China Evergrande and Kaisa Group, whose stock was suspended, cast a cloud over trading floors, but there was positive news over likely impacts of the Omicron Covid variant
Beijing targets new companies in sensitive sectors that use variable interest entities to attract international capital and list overseas
Company says it is raising capital for growth, geographic expansion, strategic investments, mergers and acquisitions and automation
China has reined in its most successful and freewheeling tech giants while European countries have attracted further investment
Weibo, which raised $385 million, opened at HK$256.20 after pricing its shares at HK$272.80, and slipped to HK$254 in afternoon trading
Evergrande shares hit a record low on Wednesday after a missed debt payment left the firm at risk of becoming China's biggest defaulter, and trading in Kaisa Group stock was suspended
New figures suggest big companies are paying back loans they received last year and are not borrowing as much
In This Section
AF Market Insights
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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
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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
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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.
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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
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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.
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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.
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