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Hong Kong tech and internet stocks rallied: Tencent Holdings (00700.HK), Kuaishou (01024.HK) and AliHealth (00241.HK) rose more than 5%; Meituan (03690.HK) gained 3.5%; Alibaba (09988.HK) and Bilibili (09626.HK) climbed ~2.8%; JD.com (09618.HK) advan

2026-07-06

Hong Kong tech and internet stocks rallied: Tencent Holdings (00700.HK), Kuaishou (01024.HK) and AliHealth (00241.HK) rose more than 5%; Meituan (03690.HK) gained 3.5%; Alibaba (09988.HK) and Bilibili (09626.HK) climbed ~2.8%; JD.com (09618.HK) advanced over 2%.

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2026-07-06

Asia's loan market showed no rebound entering H2, with APAC excluding Japan loan issuance in USD, EUR and JPY down 15% YoY to $69.0 billion in H1 — the weakest first half in 16 years. Bankers say spillovers from the Iran war have delayed investment a

Asia's loan market showed no rebound entering H2, with APAC excluding Japan loan issuance in USD, EUR and JPY down 15% YoY to $69.0 billion in H1 — the weakest first half in 16 years. Bankers say spillovers from the Iran war have delayed investment and deal activity and prompted tighter lender risk reviews, lengthening financing timelines. These headwinds could persist through the rest of the year, and competition may compress some loan spreads. BARCLAYS' head of Asia loan syndicate Andrew Ashman said: "With rising uncertainty, corporate confidence has weakened," adding that an expected M&A-driven pickup in loan volume has not materialised and geopolitical tensions may continue to affect future new loan activity.
2026-07-06

The Beijing Stock Exchange 50 Index fell by more than 3%, with Tianli Composite Index falling by nearly 12%, leading the decline among its constituent stocks.

The Beijing Stock Exchange 50 Index fell by more than 3%, with Tianli Composite Index falling by nearly 12%, leading the decline among its constituent stocks.
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