Bloomberg Ascentage Pharma Group International went from Hong Kong’s hottest initial public offering this year to a huge debut as investors continue to embrace unproven Chinese healthcare companies. The developer of cancer and hepatitis B therapies soared as much as 57% on Monday before paring the gain to 9.9% at the close. The firm’s retail portion of its offering was ...

Bloomberg The lack of reliable crop data is a chronic problem for Indonesia and a start-up is on a mission to change that by using blockchain technology. A Jakarta-based startup HARA is using blockchain to collect and manage farm data, from soil and crop conditions to pest infestation, cultivation process, land ownership and grains transaction in a bid to help ...

Bloomberg Indonesia suspended exports of nickel ore with immediate effect after a planned halt to shipments from the beginning of next year led to a rush to beat the deadline. The mineral meant for exports during the rest of the year will be absorbed by domestic companies with smelters, Indonesia’s Investment Coordinating Board Chairman Bahlil Lahadalia told reporters in Jakarta. ...