The Asia Eight

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

April 26, 2021

1 BIG PICTURE: Sweeping new e-marketing regulations

2 ATF TV: Dire economic toll of coup conflict in Myanmar

3 ASIA MARKETS: Recovery bets turn cautious before Fed

4 NEWS: Huarong delay adds further bonds uncertainty

5 NEWS: Ant and PBoC agree terms for digital currency

6 NEWS: Samsung unit plans huge Texas solar power plant

7 NEWS: Chinese companies shun home, HK for US listings

8 THE BIG PICTURE: Reliance-BP gas JV to drill off India

01 Top Story

Sweeping changes for Chinese live e-marketers

In a country where media is censored, this live-streaming phenomenon brings out a bit of a contradiction – a proportion of the population is streaming live on the Internet, selling things; it needs some serious head-scratching to pull this off - and a lot of new rules

02 ATF TV Myanmar coup and its dire economic toll

The conflict in Myanmar is expected to deal the nation a huge economic blow, says Fitch senior Asian country risk analyst Jason Yek in Singapore

03 Asia Markets Recovery bets turn cautious pre-Fed

US central bank reaction to stocks rally, data key; Oil plunges on India virus flare-up, conflict worries; China Politburo meets to set liquidity tone

04 New Huarong bonds risk

Huarong Asset Management is to delay its results beyond an earlier deadline of Friday April 30, renewing concern about a knock-on effect for other Chinese bonds

05 Ant-PBoC digital yuan

Ant and PBoC have formally agreed to promote construction of a digital yuan technology platform; And the big six state banks are pushing the e-CNY – to provide consumers with a payment alternative to Alipay and WeChat Pay

06 Samsung US solar plan

Facility would be located not far from where affiliate has a chip factory, as key southern US state rapidly catches up to California in installed capacity

07 China shunned for US IPOs

Shanghai, Shenzhen and Hong Kong are out of the running for local companies as reports say American listings have surged to records in 2021 

08 ATF Big Picture RIL-BP begin drilling for gas

The second of three projects, the RIL and BP combine is helping India, the fourth-largest global energy consumer, meet 15% of its gas demand and 25% of domestic production