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Vietnam slaps S Korea, Chinese steelmakers with five-year duties

Bloomberg Vietnam slapped five-year tariffs on Chinese and South Korean colour-coated steel products after domestic producers said unfair pricing from overseas competitors caused them to shut down production lines. Anti-dumping duties of 2.53% to 34.27% are being applied to steel products from China, Vietnam’s Ministry of Industry and Trade said in a statement on its website. Tariffs of 4.71% to ...

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Taiwan tourist numbers to fall first time since 2013

Bloomberg China’s ban on individual travel to Taiwan could see visitors to the island fall for the first time since the devastating SARS outbreak of 2003. The number of mainlanders travelling to the island plunged 46% in September, according to data from Taiwan’s Tourism Bureau. China banned individual travellers from heading to Taiwan in July, although tourists are still allowed ...

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HK’s biotech IPO craze continues as Ascentage Pharma surges 57%

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 ...

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