Welcome to Your Week in Asia.
Chinese fast-fashion giant Shein is expected to take a major step toward listing in Hong Kong with the publication of its first listing filing. The move will offer insights into the state of its business, which has been buffeted by U.S. and European Union tariffs as well as wider regulatory scrutiny.
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) is set to be listed in Shanghai, marking a major moment for a company that has emerged as a star of the investment strategy of the city of Hefei, where the company is headquartered. If CXMT's stock jumps as expected, the stake of roughly 30% held by Hefei-owned companies and investment funds could be worth several tens of billions of dollars.
Get the best of our coverage of Asia and much more by following us on X, where our handle is @NikkeiAsia. We are also on Bluesky with the handle @asia.nikkei.com.
MONDAY
Marcos gives State of the Nation
Philippine President Ferdinand Marcos Jr. is set to deliver a national address against a backdrop of mounting domestic crises. Over the past year, public discourse across the country has been consumed by the high-stakes impeachment trial of Vice President Sara Duterte, infrastructure corruption scandals and persistent economic strain.
AMRO ASEAN+3 economic outlook
Economic surveillance unit AMRO (ASEAN+3 Macroeconomic Research Office) will present its assessment of the region and provide updated growth and inflation forecasts for economies in Southeast Asia as well as China, Hong Kong, Japan and South Korea. It will examine key risks and challenges affecting the regional outlook as the U.S.-Iran war drags on.
Shein publishes IPO filing
Fast-fashion retailer Shein is expected to publish its first public filing this week, possibly as early as Monday, for its listing in Hong Kong. The company was granted long-awaited approval by China's securities regulator earlier this month, allowing it to go ahead with an initial public offering it failed to pull off in New York and London.
CXMT listing
Chinese memory chipmaker CXMT is due to begin trading on Shanghai's STAR Market, marking the country's biggest semiconductor IPO yet. The company is poised to raise more than $8.54 billion amid a global crunch for the DRAM chips it makes.
Monetary policy: Singapore
TUESDAY
Earnings: Singapore Airlines
WEDNESDAY
Earnings: Adani Enterprises, GoTo, SK Hynix
THURSDAY
Indonesia motor show
The Gaikindo Indonesia International Auto Show runs through Aug. 9, with a plug-in hybrid electric car announced earlier this year by China's BYD likely to be the highlight of the show. Auto industry players will be watching for hints on whether BYD will become a serious rival to Japanese automakers.
Earnings: Samsung Electronics, Keppel
Data: Philippines trade, Singapore unemployment, Sri Lanka inflation
FRIDAY
ChinaJoy gaming expo
The China Digital Entertainment Expo, known as ChinaJoy, spotlights the latest in game development as well as other forms of tech-driven entertainment like animation, music and toys. This year's theme is "Level up with AI," according to the website for the expo, which runs until Aug. 3 in Shanghai.
Japan monetary policy
The Bank of Japan is expected to keep interest rates steady at 1% as it keeps an eye on the economic fallout from the U.S.-Iran war and broader inflationary pressures. Economists expect the central bank to raise rates to 1.25% sometime between October and December.
Earnings: JERA, Sony Group, Maruti Suzuki
Data: Indonesia trade, China purchasing managers index, Hong Kong gross domestic product, Taiwan GDP