Funding & Business
Asian Equities Set for Muted Open as Oil Gains: Markets Wrap
Asian markets are poised for a tepid open on Tuesday after a subdued overnight session with Wall Street closed for a holiday.
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Long-dated dollar notes from Asian issuers outperformed shorter debt for a third straight month, as investors rush to lock in elevated yields amid limited supply of the tenor.
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Quicktron Robotics, a Chinese maker of self-driving forklifts and other robots used in warehouses, has confidentially filed for a Hong Kong initial public offering that could raise at least $100 million as early as next year, according to people familiar with the matter.
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China Evergrande’s liquidators are set to zero in on company founder Hui Ka Yan during a court hearing in Hong Kong on Tuesday, where they will push ahead with efforts to recover funds related to one of the world’s biggest corporate meltdowns.
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