The Asia Eight

Daily must-reads from the world’s most dynamic region

February 05, 2021

1 TOP STORY: Alibaba bond breathes life into Ant IPO

2 ATF TV: The future of bitcoin in investor portfolios

3 ASIA MARKETS: HSI, Nikkei 225 climb, CSI300 falls

4 NEWS: China's Yulan bond makes European debut

5 NEWS: Kuaishou shares hit HKEX top-five on listing

6 NEWS: BBC-China ties in balance after channel ban

7 NEWS: Jakarta auto supply giant goal gains ground

8 ATF BIG PICTURE: Ford intensifies challenge to Tesla

01 Top Story Bond success could revive Ant IPO plan

Alibaba priced its $5 billion bond at spreads that were well inside early guidance; strong demand for the debt could help revive plans for an IPO of Ant Group

02 ATF TV A crypto future?

Stephen Innes of Axi looks at the prospects for bitcoin as a mainstay of investors portfolios

03 Asia Markets

HSI climbs 0.6% to 29,288.68, CSI300 loses 0.2% to 3,496.33 and the Nikkei 225 climbs 1.5% to 28,779.19

04 Yulan bonds get EU debut

Debt product named after Shanghai's city flower is the latest blossoming of Chinese financial markets as they open up further to global investors

05 Kuaishou soars on debut

Market capitalisation soars to $180 billion on debut; Sterling performance should enthuse IPOs waiting in the wings; Some investors wary of asset bubble

06 China-BBC row looms

Ofcom, Britain's television regulator, denies licence to CGTN, saying broadcaster is ultimately controlled by Chinese Communist Party, which is not permitted under law

07 Jakarta's electric future

Freeport and China's Tsingshan are close to agreement on building a copper smelter on Halmahera Island; project is linked to Jakarta's bid to be part of the supply chain for electric vehicles; talks to be held next week with Tesla, which wants nickel for car batteries

08 ATF Big Picture Ford EV charge moves into top gear

US auto giant pledges investment of almost double the amount announced earlier as it comes to grips with the success of Elon Musk's Tesla and demands for lower emissions