Latest: Asia Stock Market News
SenseTime was among eight Chinese tech companies placed on a US blacklist in 2019 amid trade tensions between Beijing and Washington.
Default shows some developers continue to struggle even as Beijing has started to marginally relax financing to meet developers' normal funding needs
Evergrande shares plunged 19% to a multi-year low as a 30-day grace period on an $82.5m payment ends on Monday, while developer Sunshine 100 defaulted.
China's securities regulator said some companies are in discussion with US exchanges about future listings.
The delisting of China stocks in the US quickened as Didi announced its exit and the US finalized rules to enforce audits on Chinese firms.
Tokyo, Shanghai, Sydney, Singapore, Seoul, Wellington and Manila all rose, though there were losses in Mumbai, Bangkok, Taipei and Jakarta
Citigroup is seeking a securities licence in China as the US bank eyes a bigger presence on the mainland
Backdoor listing on Nasdaq marks the high point for the nine-year-old Singapore company that began as a ride-hailing app and now operates in eight countries
Chinese regulators pressed Didi's top executives to devise a plan to delist from New York due to concerns about data security; group will prepare for a listing in Hong Kong, it said
The demands were due to rating downgrades and the company warned shareholders it might be unable to pay up due to a liquidity crunch
In This Section
AF Market Insights
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know
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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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