A planned global minimum corporate tax of 15 per cent is a headache for the two Asian financial hubs, whose attraction owes much to their relatively low rates

Both exchanges spent last year preparing new rules to encourage SPAC listings after seeing hundreds of such flotations in the US and worrying that Asian firms would be lured away to list in New York

Financial hub reported a record daily surge in local Covid-19 infections on Monday as authorities scrambled to test residents and rein in the Omicron variant

Markets widely expect policymakers to resume monetary easing soon to revive an economy hit by a domestic Covid-19 resurgence, weaker credit growth and a faltering property sector

Ministry of Agriculture and Rural Affairs issues statement after Chinese President Xi Jinping seeks more effective Covid-19 measures

The official China Securities Journal said short-term capital outflows won't change long-term appeal of China assets

The shares will be priced at HK$21.82 to HK$28.24 each, the term sheet showed

The city has some of the most stringent Covid-19 rules, with a ban on flights from nine countries including Australia and Britain, and hotel quarantine of up to two weeks for travellers

The China Securities Regulatory Commission said the scope of the REIT pilot program should be expanded

The turbulence follows a year-long slide that had already caused widespread investor losses

The soon-to-expire food industry is expected to grow from a market size of 31.8 billion yuan (US$5 billion) in 2021 to 40.1 billion in 2025, the report said, citing a report.

The two deaths happened in China's northeastern region of Jilin that borders North Korea and Russia, where case numbers make up over two thirds of total domestic infections