The food-delivery operator Meituan has been penalized less than expected for abusing its market dominance, sending Chinese tech shares sharply higher.
Alibaba shares and the Hong Kong tech index are both coming off all-time lows in Hong Kong. Whether that continues has little to nothing to do with business.
With his popularity low, Japanese PM Fumio Kishida has called an early election to win a mandate, while pledging a 'new capitalism' to boost the middle class.
Evergrande has reportedly struck a deal to sell 51% of its property-management arm, which would raise US$5.1 billion.
However, mainland Chinese stocks were some of the most stable in the region, something of a surprise given power outages and systemic financial risk.
The big question is what Evergrande's troubles mean for China's real estate market more broadly, and the answer may be an unpleasant one.
The parent of Hainan Airlines looks set to emerge from bankruptcy after its top executives were arrested and the Chinese state stepped in.
The potential downfall of indebted developer Evergrande Group creates long and short plays, according to one investment research firm.
There are homes that could house an urban population of around 4 million now under construction by Evergrande alone.
The broad Chinese property sector, the mainland's largest single industry, is selling off in Hong Kong as investors try to work out which will be the next domino to fall.