The Asia Eight

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

March 18, 2021

1 TOP STORY: Canada's VRB to build biggest China battery

3 ASIA MARKETS: Tentative gains as taper concern swirls

2 ATF TV: Now's the time to harness China market momentum

4 NEWS: Bilibili wins approval for secondary Hong Kong IPO

5 NEWS: Subsidy rush boosts China wind capacity to record

6 NEWS: Bond Connect southbound link 'to have Q3 launch'

7 NEWS: $600m Russian bet on Central Asian gold refinery

8 THE ATF BIG PICTURE: Worldwide Covid vaccine rollouts

01 Top Story Canadian firm to build largest China battery

VRB, a vanadium redox battery systems provider, signs deal for a 100-MW solar and storage project in Hubei Province, where there will be a $14-billion vanadium energy storage cluster; work on manufacturing facility and R&D centre to start in May

02 Asia Markets Tentative gains as taper fears swirl

Australia underperforms after blowout jobs numbers; gold dives as US dollar strengthens; US Treasury yields at 15-month high

03 ATF TV Time to cash in on China's market momentum

Priscilla Dell’Orto, a partner at Bain & Company in Hong Kong, explains why the time is ripe for overseas investors to put their capital into Chinese markets

04 Bilibili gets HK IPO nod

The Nasdaq-listed tech firm is latest in a wave of Chinese companies that have sought secondary listings at home, as rising geopolitical tensions threatened to affect firms listed on Wall Street

05 Wind rush strikes record

With eye on emissions, nation installed 52 Gigawatts of new generation last year, double the amount in 2019; figure includes 3GW in offshore farms alone – half the Asia-Pacific total

06 China bond trade boost

Opening of “soutbound link” of Bond Connect will give Chinese investors scope to trade foreign bonds in latest stage of the internationalisation of nation’s markets

07 $600m Asia gold bet

Alliance Group expected to put plant on line last year but arson attack during political unrest cost company more than $10 million in damages and delayed production

08 ATF Big Picture