Asian stocks rise as Fed rate warning taken in stride; Alibaba’s shares soar after investors buy iPhone AI hopes; Chinese bubble tea makers Guming and Mixue joining Hong Kong IPO; Amazon Web Services opens new Asia-Pacific headquarters in Singapore.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

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S2E242: Market Focus Daily: Wednesday, February 12, 2025