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JOHANNESBURG, Oct. 1 (Xinhua) -- South Africa should urgently address energy shortages, low growth rate, implement economic structural reforms and restore business and consumer confidence, economists said at a webinar on investment outlook beyond COVID-19 on Thursday.
CHINA’S Nasdaq-style Star Market is set to attract more foreign investors in the coming quarters, thanks to the launch of its first market benchmark and its growing ability to attract quality tech names with overseas presence, according to leading global financial institutions.
HONG KONG: Hong Kong stocks posted strong gains on Thursday, with the index tracking mainland stocks having its best day in more than three months, after a security law went into effect in the city this week.
SHANGHAI: China stocks rallied on Thursday, with the blue chip index hitting a near a two-and-half-year high, boosted by more government spending to prop up the economy.
SINGAPORE: Singapore is becoming a hub for the property-management industry: It has more foreign real estate investment trusts (REITs) than anywhere else in the world, and the companies’ importance on the nation’s benchmark equity index is the highest it’s ever been.
JAKARTA: The Indonesian stock exchange has kicked off the new decade as Southeast Asia’s busiest bourse for initial public offerings.The nation has seen more listings than any other in the region, accounting for six of the eight IPOs this month, according to data compiled by Bloomberg.
HONG KONG: The Australian securities regulator has rapped banks for how they conduct initial public offerings of small mining companies, pointing to possible conflicts of interest and “substandard” compliance controls for promotional material.
Chinese technology startups are pivoting to South-East Asia and away from the United States in their expansion plans, in a clear bid to avoid getting in the midst of a trade war that could intensify.