Market Pulse - Asia
Dalio says Beijing's crackdown on technology firms has been misinterpreted
Beijing's recent crackdown on technology and education stocks was misinterpreted by Western investors as "anti-capitalist", a well-known hedge fund manager said.
Beijing looks to ban Chinese tech firms from foreign listings
China will look to continue its crackdown on its tech sector by way of a ban on firms with large amounts of sensitive consumer data from going public in the United States.
Asia report: Markets rise as China manufacturing data disappoints
Stock markets in Asia were in the green across the board on Monday, as investors digested some disappointing manufacturing data out of China.
Asia report: Most markets rise as China services sector surges
Most markets in Asia closed in the green on Wednesday, with the exception of Japan, as fresh data on China’s services sector blasted past expectations.
Asia report: Markets mostly higher, Krafton disappoints on debut
Stock markets in Asia-Pacific were mostly higher by the end of Tuesday, with Seoul’s bourse being the notable exception, as video games developer Krafton plunged on its debut.
Asia report: Markets mixed, Kakao Bank surges on Seoul debut
Markets in the Asia-Pacific region closed in a mixed state on the last day of the trading week, with Kakao Bank in Korea rocketing higher on its debut, as investors closed their wallets ahead of the much-anticipated jobs report stateside later in the global day.
Asia reports: Markets fall after dollar weakens, Li Auto disappoints
Sharemarkets were lower at the close in Asia on Thursday, as investors monitored a weaker dollar, with Chinese electric vehicle producer Li Auto disappointing on its debut day.
Asia report: Stocks mixed as China video games sector slides
Equities closed in a mixed state in Asia on Thursday, as the Chinese video games sector continued to slide in Hong Kong amid fresh regulatory fears.
Asia report: Stocks mixed amid Delta concerns, Jay Lee out on parole
Asia-Pacific stocks were in a mixed state at the end of the last trading day of the week, with much attention on Korea as Jay Lee, head of the Samsung chaebol, was released from prison.
Asia report: Markets mixed, Evergrande firms soar in Hong Kong
Markets in Asia were in a mixed state on Wednesday, with shares in Chinese property developer China Evergrande and its affiliates in focus after it confirmed recent market chatter on possible divestments.
Asia report: Markets mostly lower as Alibaba hits record low
Most bourses in Asia were on the back foot as they closed on Thursday, with Chinese technology stocks once again in focus, as Alibaba fell to a record intraday low.
Asia report: Markets firmer, Hang Seng rises from bear territory
Equity markets were in the green across the Asia-Pacific region on Monday, with Hong Kong’s main board pulling itself out of the bear territory it found itself in last week.
Asia report: Most markets rise, RBNZ stands pat at last minute
Most markets in the Asia-Pacific region were in the green on Wednesday, with New Zealand’s bourse in the green after the central bank there went against previous expectations to stand pat on interest rates.
Asia report: Markets lower on China regulatory fears, NZ locks down
Equity markets were down across the board in Asia on Tuesday, with Chinese technology plays in focus after regulators in Beijing released a draft of new competition rules for the internet sector.
Asia report: Markets weaker as PBoC keeps rates steady
Markets in Asia were lower across the board on Friday, with Hong Kong’s bourse leading the losses, after China’s central bank stood pat on interest rates.
Asia report: Chinese tech plays lead markets higher
Stocks were once again in positive territory in Asia on Tuesday, with Hong Kong’s main board recovering further from its trough last week, as investors digested the latest developments in the China-US public listing regulation saga.
Asia report: Markets mixed as HK tech shares give up gains
Stock markets were mixed in Asia on Wednesday, with the technology sector in Hong Kong giving up some earlier gains, having rocketed ahead on Tuesday.
Asia report: Markets lower as Bank of Korea hikes rates
Most markets in Asia were in the red at the close on Thursday, as the Bank of Korea became the first central bank of a developed economy to raise interest rates in the wake of the Covid-19 pandemic.
Asia report: Markets mixed ahead of Jackson Hole outcome
Markets in Asia closed in a mixed state on Friday, as investors closed their wallets ahead of the outcome of the US Federal Reserve’s Jackson Hole summit later in the global day.
Week ahead: Jackson Hole, Global PMIs in the spotlight
The spotlight in financial markets over the coming week will be on the Federal Reserve's eagerly-awaited central banking symposium at Jackson Hole, Wyoming, on Friday.