Monday morning links

India’s COVID-19 surge is serious and the country is running out of oxygen.

Former prime minister Wen Jiabao wrote a letter potentially expressing concern about fairness and justice in today’s China, with the letter subsequently censored on the mainland.

ByteDance’s IPO has been delayed due to regulatory intervention, in another blow to the Chinese tech sector.

Chinese state media attacked Tesla following a protest at the Shanghai Auto Show, suggesting the car company has lost the support it once had.

South Korea’s financial regulator introduces tests that retail investors will have to pass in order to sell short stocks from 3 May 2021.

Korea’s Kakao to list yet another subsidiary - KakaoPay - on KOSPI in July with an expected valuation of KRW 10 trillion.

Prime Minister Suga declares a state of emergency in Tokyo, Osaka, Kyoto and Hyogo.

10,000 shots/day vaccination centres are now planned for Tokyo and Osaka, in a bid to speed up the vaccination process in the country.

A major Japanese online trading platform has started offering zero-transaction fee trading, copying the Robinhood playbook.

Indonesian telecom operator Telkomsel to invest another US$300 million in Gojek prior to the latter’s merger with Tokopedia and potential IPO.


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Chart of the week – GMO’s latest 7-year forecast suggests EM value will outperform


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