CNBC Asia

Stocks in mainland China continued to lead gains among the region's major markets for a second day after Monday's blockbuster gains, with the Shenzhen component jumping 1.717% on Tuesday.

Investors and foreign companies have been wary that Hong Kong's status as a financial hub would be eroded, as China moved to implement a controversial national security law on the city last week.

The Luckin Coffee fraud scandal was a "great morality tale" for markets, and more needs to be done to protect American investors from such cases, said an analyst, who called a bill to delist Chinese companies in the U.S. essentially toothless.

Fauci has previously said there's a chance a coronavirus vaccine might not provide long-term immunity.

The average age of new coronavirus patients has dropped by roughly 15 years compared with only a few months ago, White House health advisor Dr. Anthony Fauci said.

"Do one simple thing: Acknowledge to the American people that Covid exists. It is a major problem," Gov. Andrew Cuomo said in challenging Trump.

New York Gov. Andrew Cuomo is holding a news conference Monday as the state continues to push forward with its reopening.

"It's a bigger problem than we thought it would be at this point," former FDA chief Dr. Scott Gottlieb said Monday.

The number of people hospitalized with Covid-19 was growing by 5% or more in 23 states, based on a seven-day moving average, according to the Covid Tracking Project.

The findings of the WHO's survey are the latest example of how the coronavirus is exacerbating preexisting crises.

Stocks in China led gains among the major markets regionally, with the Shanghai composite nearly 6% higher.

Recent economic data releases have continued to indicate the Chinese economy is recovering from the coronavirus pandemic.

Investors who take a sustainable approach to allocating capital may be reevaluating putting their money into Hong Kong after the city implemented a national security law, an analyst said on Friday.

The coronavirus has now infected more than 10.84 million people around the world as of Friday morning, killing at least 520,785 people.

Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year — more than in any given year in the past.

"The data is showing there's a single mutation that makes the virus be able to replicate better and maybe have high viral loads," Fauci said in an interview.

A private survey showed Friday that China's services sector showed it growing at its fastest pace in over a decade in June, according to Reuters, with the Caixin/Markit services Purchasing Manager's Index coming in at 58.4 for the month.

The move will neither deny those firms access to American capital markets nor hurt China's growth, said Peterson Institute for International Economics.

The Rohingya are among the world's most persecuted ethnic minorities — haunted by the past and denied a future.

Initial public offerings (IPOs) in greater China jumped in the first half of this year, bucking the declines seen elsewhere due to the impact of the coronavirus pandemic.