January 22, 2021
8 ATF BIG PICTURE: Making shops, hotels Covid safe
01 Top Story WeChat plans pivot to live-streaming
03 Asia Markets
HSI falls 1.6% to 29,447.85, CSI300 loses 0.4% to 3,606.75 and the Nikkei 225 drops 0.4% to 28,631.45
04 Payments law hits giants
Alipay had over 55% and WeChat Pay nearly 39% of China’s third-party mobile payment market in mid-2020, so both may face moves under new anti-monopoly laws such as having to divest assets or other 'rectification' measures by state officials
05 BMW eyes China JV, EVs
German manufacturer's chief financial officer says orders fell because of the latest pandemic-related lockdowns, but is optimistic about Q1 if economic activity restarts
06 KL speeds vaccine rollout
Southeast Asian nation received global plaudits for its fight against Covid-19 but forced migrant workers to work long and gruelling hours in unsanitary conditions
07 Logistics shift aids India
An outcome of Covid has been a reconfiguration in global supply chains away from China to other economies. India is already benefitting as latest incentives are drawing companies to the country looking to diversify amidst US-China trade tensions
08 ATF Big Picture