Most Asian markets traded higher on Monday morning as investors continue to watch developments on issues like the coronavirus pandemic. Shares in Taiwan led gains among the region’s major markets, as Taiex soared 2.69%, and Taiwan Semiconductor Manufacturing Company shares rose nearly 10%. South Korea’s Kospi also saw robust gains …
Read More »SMIC, China’s largest chip maker, rises 245% on Shanghai list
Integrated circuits on a circuit board. The semiconductor industry has been in focus during the trade war between the United States and China. filming | E + | fake pictures SMIC, China’s largest chip maker, saw its shares rise 245% at the opening on its first day of trading in …
Read More »Asian stocks advance after optimistic US employment report
Markets advanced in Asia on Friday after a Wall Street rebound fueled by strong jobs data. The Tokyo Nikkei 225 Index rebounded 0.3% to 22,220.33, while the Shanghai Composite Index rose 1.3% to 3,130.62. In South Korea, the Kospi gained 0.6% to 2,148.24, and Australia’s S & P / ASX …
Read More »IPOs in Hong Kong and Shanghai jump amid pandemic and tensions
The Hong Kong Exchange Building. Vincent Isore | IP3 | fake pictures Initial public offerings (IPOs) in Greater China increased in the first half of this year, offsetting declines seen elsewhere due to the impact of the coronavirus pandemic. In the first six months, listings in Greater China increased by …
Read More »China and Hong Kong jump more than 2% amid hopes for coronavirus vaccine
Shares in the Asia Pacific rose during Thursday’s trading session, following positive news overnight about the development of a possible coronavirus vaccine. The Hong Kong Hang Seng Index led gains among the region’s major markets, rising 2.25%, from its last hour of trading. Shares of Chinese internet giant Tencent soared …
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