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BEIJING: Chinese technology shares climbed yesterday after recording their best weekly advance since January as bargain hunters continued to load up on the beaten-down sector.
Investors look for new opportunities across Asia
China’s crackdown on technology companies is prompting global investors to look for new opportunities across Asia, contributing to a record jump in initial public offerings from India to South Korea that shows few signs of slowing.
Cambodia cracked down on 198 human trafficking and sexual exploitation cases in the first six months of 2021, a remarkable rise from only 63 cases over the same period last year, a senior official has announced.
HONG KONG (AFP): Asian markets fell Thursday (Aug 26) as hopes for the global recovery and signs of a possible slowdown in new virus infections play off against the prospect of an end to Federal Reserve largesse and China's regulatory clampdown.
BEIJING: Cathie Wood said she’s more optimistic than pessimistic about China in the long run.
SINGAPORE: Oil stored in ships has been piling up off key Asian ports as a crackdown in China on private crude oil processors has blunted purchases and disrupted flows, including some United States-sanctioned barrels from Iran.
HONG KONG (China Daily/Agencies) The Delta variant of Covid-19 is scything through aviation just as key markets were getting back on their feet.
SINGAPORE (Bloomberg): Oil stored in ships has been piling up off key Asian ports as a crackdown in China on private crude oil processors has blunted purchases and disrupted flows, including some US-sanctioned barrels from Iran.
Betting on value stocks such as banks and property developers has been one of the most successful strategies this year, delivering a return of 27 per centCICC and Founder Securities say the momentum is unsustainable, and trading will be dominated by battered tech stocks once more