Daimler's businesses continue to grow in China. The company's regional headquarters, Daimler Northeast Asia (DNEA) is managing record passenger car sales and vehicle financing, while continuing to expand joint venture activities.
Automotive Technology Group Limited (ASX:ATJ) advises that it has secured a funding arrangement for A$5.5m through a 12 month Convertible Note at 10% per annum interest complete with an option of extending for a further 12 months at the discretion of the Financier.
Asian markets Friday opened mixed. Japan's Nikkei traded lower in the morning, but the Japanese financial stocks surged after the rise on Wall Street overnight. Hong Kong opened flat as investors were cautious ahead of the earnings reports.
Asian major markets opened mixed on Thursday. South Korea's KOSPI and Hong Kong' Hang Seng Index were up in the morning, while Tokyo stocks traded lower, struggling between good and bad news.
Most Asian major markets rebounded on Wednesday morning as investors' sentiment was boosted by gains on Wall Street overnight. Asian stocks fell massively Tuesday with most declines in financial sector.
Asian markets opened broadly lower on Tuesday. Hong Kong's Hang Seng Index slumped with a massive 4.4 per cent fall in early trading, while Tokyo stocks were also under pressure, weighed by the tumble on Wall Street and stronger Yen.
Today most Asian markets traded lower in the morning despite a positive lead from Wall Street. Tokyo stocks fell on the rising Yen, while South Korean investors sold shares to lock in profits from recent rallies. Hong Kong's Heng Seng Index opened lower, but soon rebounded following the surge in mainland China's Shanghai Composite.
