ipos this year in shanghai and shenzhen happen moneymakers. we know this is that. almost 50 companies went public. you look at ipos in the chinese mainland. they vastly outperform elsewhere. >> it is important to note that this chinese regulators at play here, not necessarily market. >> you're looking at the average return, reflects good performance of the market and sell. there are a lot of new rules. they have come in to protect smaller investors. beenof the new rules have with pricing. you want to avoid all the funny stuff that goes on. a lot of funny stuff. if you want to price your ipo above average coming up to disclose risks early on. among the 48 firms, only 40 priced their ipo above the industry average. this could have been raised for much more money. have dropped out of the process for exactly that reason. the pharmaceutical is here in january. it has worked out well. not bad. the markets have really underperformed. >> this is a really good trend for you. >> this is based out of northeast china. the second biggest ipo in hong kong, 992 million u.s. dolla

but the shenzhen was deeply in the red as tech shares and small cap stocks continue to tumble. better than expected banking earnings coming from icbc, the hang seng index gained over 11% thanks to hope that more analysts would be on its way to avert a sharp downturn. it was another choppy session in japan as it nears its fiscal year. march consumer inflation for the ninth straight month and labor demand improved. and the nikkei 225 gained 0.5% today and is up 3.3% for the week. in south korea, the kospi tested highs thanks to foreign buying and had its best week up 2.4%. down under, australian miners rebounded sending the asx 200 hier by 0.3%. that is a look at asia. >> we have to say thank you and good-bye. i understand this is the last time you're appearing on "worldwide exchange." >> yes, you're right. it's been really nice working with you over the past three years. >> yeah. you're off to get married. is that right? >> yes, that's right. >> okay. well, look, we wish you all the best in your new life. thank you so much. >> thank you for that. keep in touch. >> all right. we

and the shenzhen gained a stronger 2% today. the hang seng index in hong kong ended lower by just modest .3%. concerns over the ukraine crisis continue to way on sentiment. and the nikkei slipped to a six-week closing low. and australia also ended near its one-month lows. but south korea's kospi saw bargain hunting after last week's steep loss ending .10%. as for solid winners, the chinese cement makers outperformed on support of policies and urbanization reforms. they totally surged up by 10%. and on to some individual movers jar japan's soft bank soared after ali babba decided to list the long-awaited ipo in the u.s. softbank earns a 37% stake in ali babba, but this headed further south ending lower for tencent at 3%. and that's a look at the asian markets. back to you, ross. >> li sixuan, thank you for that. we'll catch you later. meanwhile, more on the ukraine in crisis. steve is there in kiev post this referendum which has crimea wishing to succeed to russia. steve, what happens now? i presume russia can take their time. >>

the shanghai composite ended down by 0.7% and the shenzhen down by 0.4%. the hang seng index in hong kong slipped 1% today. over in japan, hurt by a stronger yen, the nikkei 225 suffered its second largest percentage loss this year, ended lower by over 3%. exporters, china play, utility stocks, financials and delisted shares were broadly lower. in south korea, pouring outflows continued for the fifth straight session with the kospi ending down by 0.735%. in australia had its biggest weekly fall in three months with miners and banks leading the losses. in terms of individual movers, tangseng holdings slipped 4% today after reports that the pboc demanded payments made by scanning the stock hold for its mobile devices be halted. reportedly, the central bank has issued such a notice to china citic bank which operates credit cards in cooperation with tencent and alibaba. citic and h and a-shares are both suspended this morning after losses of over 8%. that's a look out of asian markets. back to you, ross. >> thanks for that, sixuan. catch you a little later. >>

the shenzhen comp ended flat. elsewhere, cutting its yield on exports, the nikkei 225 still gained 0.7%. otherwise, in australia, a pullback in the business condition survey kept investors cautious. the asx 200 ended on a flat note. as for individual stocks, china's construction and property stocks can rebound while valuations seemed to be attractive after the recent slide. yesterday, china merchants posted a 30% rise in contract signing sales from the first two months this year and its shares recouped some of the losses of yesterday. after yesterday's 10% slemp. that is a look out of asian markets. back to you, ross. >> sixuan, thank you for that. >>> stateside, january wholesale is out at 10:00 a.m. eastern, forecasted to rise 0.5%. dick's sporting goods, american eagle reporting results before the open. after the bell, wall hear from caesars entertainment and veri ddz fone. joining us for the first part of the show today, gina, co-founder of floebl. a lot going on in the world as ever. we have geopoliticics in

is shenzhen down by 0.1%. in hong kong, the hang seng index dipped 1.6%. in japan, hurt by a stronger yen and those china jitters, the nikkei 225 had its worst loss in over a month ending down by 2.6%. in south korea, chemical and steel shares came under pressure on the earnings for you. investors continued to sell down shares for the third straight session. the kospi ended lower by 1.6%. in australia, although miners made a rebound today, still lower by 0.6% as we got a very weak reading on consumer confidence. as for individual stocks, china's baoding tillway splitted 5% after delisting posting net losses for two years in a row. its corporate bonds were suspended ford second session spurring credit default jitters. on the other hand, let me show you the bright spot in hong kong today. chinavision surged almost 200% after news that alibaba is buying a 60% stake in the tv and sales proction firm for over $800 million. this comes one day after the dotcom deal while china's internet players have been racing each other by joining forces for the smaller firms.

the china composite tumbled almost 3% and the shenzhen tanked 3.5%. over in hong kong the hang seng index lost 1.7%. and that weakness in china also weighed on the rest of asia. and the nikkei lost 1.01%. and technology shares set the kospi lower 1% as well. australia stocks posted their biggest drop in five weeks with the asx 200 ending lower by 1%. as for malaysia, shares hit a one-week low asthmalation airlines tumbled 4%, recouping most of the morning losses due to the flight mh-370 incident. minors in the region suffered due to the falling oil prices. metals in atlas tumbled by 10% in today's trade. meanwhile, copper futures dropped another 5%. daily limit to its lowest in more than four years after the dive last friday. so china's metals-related stocks also broadly weaker. in the tech base, they are joining with jd.com seen as a bid to take on bigger rival ali baba. you are looking at year-to-date performance as an upward trend with shares losing 2.2% today. that's a look at the asian markets. back to you, ross. >>> li sixuan, thank you for that

says one hundred and fifty four people were onboard the flight from ninety to airport near tokyo to shenzhen china. he says the north koreans launched the ride at four seventeen pm to six minutes later the plane crossed the rhine its trajectory. he says the north koreans did not issue a warning. north korea's provocative acts are a clear violation of international aviation rules and they pose a serious threat to civilians. the most inspired seven projectiles toward the sea of japan on tuesday that criticized annual military drills by south korean and us troops and those forces have been wanting to see how the north koreans might try to provoke them. north korea's state run television has ended and the feel of a senior leader who is thought to have been pushed from power. analysts considered cheney on hand the second in command to be taking john on. j is then directed the general political department of the korean people's army and gain more power after the execution in december of tim's uncle and mentor chance contact. she can be seen in the media for several weeks adventures in south kor th

from the two countries the foreign ministry's a great reason to official in iraq after hitting only in shenzhen china on the sideline to financial records talks the national gulf until cooked to cancun and that two thousand trial. the scotsman says the discussions will be held over to thinking thinking thinking to achieve level officials of the foreign ministers. now he presented nineteen eighteen epidemic to channel the asian oceania thespian else. cami is likely to send some to call the template for normalizing relations with japan. she was a little more than usual. i think the abductions are a big issue for japan. we would like to have proper discussions on that age. a deal with it. he maintains that the abduction issue has been sent on earth straight into allow the parent of the best team in camille attack to the north of the envelope and do it any mobile yet. some japanese officials even eighteen and noting the change in the north into tears and ending its international isolation. michelle obama has said that chinese test in teaching pain and is quite at the start of a weeklong visit to ch

china and national education exhibition color you will open in six other cities including shanghai shenzhen and cons before wrapping up on march the idea sammy cctv. for this edition is a shock if you are more about me is a star is unceasing this is on facebook with adelaide block and is a zoo with a balcony at the end city. the inhuman. yours six. honey to my uti be keen on seeing the inside of them written by big concert began and it's you that this dynamic economy. i think silica based on a good destination. i'm your host or any less thinking that the flood study

and got the official brazil top of their north korean counterparts in china's northeastern city of shenzhen on wednesday during the two day meeting the two sides are expected to discuss pyongyang's return of the remains of japanese nationals from the end of world war two. a topic that follows up on a previous round of talks earlier this month. the more tension lies over an informal meeting between a foreign ministry officials from the two sides japan will likely demand an investigation into korea's north korea's abduction of japanese citizens in the nineteen seventies and eighties. sharon meanwhile is expected to ask tokyo to ease sanctions on the regime north korea and japan reopened da last two weeks ago for the very first time in more and then when you are president packer has not mince words over her drive to work the regulation in recent days going as far as to describe red tape as a lump of cancer but is everyone on board with her idea. well she sent to find out on thursday during a discussion and business leaders and government officials to school this time have to detox. the ministe

. >> inside a converted shoe factory in shenzhen china, they search for genes linked to human intelligence. >> it's decided by your parents. >> 60%? >> yeah, so we want to prove it. >> the man in charge of the project is zhao. >> we are looking for the smart people. those that have a high iq. >> he works for the bio-tech giant bgi that owns more of these machines than anybody else. >> it's generating tons of data. >> what part of their genes are the same? >> yeah, that's important. >> one of the people selected and who volunteers his dna is boston software developer, jeffrey kaufman. >> this is something if executed well could be very positive for our society. and for the world. >> but discovering the genetics of intelligence could be controversial. it would be possible to test a human embryo to learn if the baby is destined to be smart. in vetro labs. bgi believes one day there may be a test for iq. >> in the future you are saying people could select for intelligence. >> the technology will be there. >> and given the choice most parents are going to rather have a more intelligent baby the