The Asia Eight

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

March 09, 2021

1 TOP STORY: HK crackdown worries Japanese firms

2 ATF TV: Infrastructure can kickstart economies

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

4 NEWS: Xi casts China plight as grim in NPC warning

5 NEWS: Inner Mongolia crypto miners flee new clamps

6 NEWS: Chinese 2021 M&A deals approach Q1 record

7 NEWS: Questions as Zoom boss 'gifts' $6bn in shares

8 ATF BIG PICTURE: China outperforms in debt cuts

01 Top Story Sayonara HK – crackdown ires Japan firms

Outspoken head of Tokyo-based SBI Holdings says many financial institutions fear the new climate imposed by Beijing in a city long used to personal and legal freedoms

02 ATF TV Project boost

Sajal Kishore, Head of Asia Pacific Infrastructure and Project Finance at Fitch, offers his views on how large-scale public projects can help kickstart Covid-hit economies

03 Asia Markets

Tokyo's Nikkei 225 climbs 1% to 29,027.94, Hong Kong’s Hang Seng rises0.8% to 28,773.23 while China’s CSI300 plunges 1.8% to 3,359.29

04 'Grim and complicated'

President concedes that despite historic achievements, China’s situation isn’t all roses; Xi says a 'vigorous anti-epidemic spirit' must be promoted, and that health workers and women should be honoured

05 Crypto miners purged

Bitcoin hunters in Inner Mongolia likely to head to areas with abundant hydropower such as Sichuan and Yunnan, or Kazakhstan, which has been receptive to miners, or possibly even the US or Canada

06 China nears M&A record

Data shows $91bn of deals struck this year look likely to overtake previous high in 2018

07 Zoom chief 'gifts' $6bn

Shares donated in two distributions to unspecified recipients, raising eyebrows as stock drops

08 ATF Big Picture