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The Hang Seng Index lost as much as 2.1% amid a broad selloff in Asia on Wednesday.
HONG KONG: One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd and Xiaomi Corp while some current heavyweights could face selling pressure, according to analysts and fund managers.
Chinese tech stocks rallied in Hong Kong on Tuesday after officials announced the biggest overhaul of the city's stock index for more than 50 years to make it less stuffed with traditional banks and insurers, a move that will give more weighting to mainland firms.
The government’s surprise decision to build, own and manage the 5G network for nationwide rollout is raising concerns for the industry.
SINGAPORE: Singapore’s battered property firms are hitting a snag in their recovery after rising coronavirus infections led to an extension of remote work in the city-state.
Malaysian sport has been thrown into a gloomy chasm following the new Movement Control Order (MCO). I believe hope is the key word to turn things around.
(Bloomberg) -- After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are seizing on an unprecedented surge in the price of the fuel.
Short-sellers and retail profit-taking possible reasons
KUALA LUMPUR: Bank stocks dragged the FBM KLCI into the red on Friday, with Public Bank and Maybank among the biggest losers, while the broader market was weaker with over 860 counters in the red.