CINXE.COM

<!doctype html> <html class="no-js" lang="en-US"> <head> <meta charset="UTF-8"> <meta http-equiv="x-ua-compatible" content="ie=edge"> <meta name="viewport" content="width=device-width, initial-scale=1"> <script>(function(html){html.className = html.className.replace(/\bno-js\b/,'js')})(document.documentElement);</script> <meta name='robots' content='index, follow, max-image-preview:large, max-snippet:-1, max-video-preview:-1' />  <title>Indian-Owned Tech Firms Pose Sharp Growth in UK</title> <meta name="description" content="Despite British economy and heavy corporate tax, Indian-owned tech firms have grown revenue 7% to 54.4 billion pounds ($67 billion) in 2021." /> <link rel="canonical" href="https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk" /> <meta property="og:locale" content="en_US" /> <meta property="og:type" content="article" /> <meta property="og:title" content="Indian-Owned Tech Firms See Sharp Growth in UK" /> <meta property="og:description" content="Despite British economy and heavy corporate tax, Indian-owned tech firms have grown revenue 7% to 54.4 billion pounds ($67 billion) in 2021." /> <meta property="og:url" content="https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk" /> <meta property="og:site_name" content="Asia Financial" /> <meta property="article:publisher" content="https://www.facebook.com/asiafinancialnewsgroup" /> <meta property="article:published_time" content="2022-06-06T08:15:37+00:00" /> <meta property="article:modified_time" content="2022-06-06T08:17:29+00:00" /> <meta property="og:image" content="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_1.jpg" /> <meta property="og:image:width" content="1800" /> <meta property="og:image:height" content="1800" /> <meta property="og:image:type" content="image/jpeg" /> <meta name="author" content="Aarushi Agrawal, Eetika Kapoor" /> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:creator" content="@Asia_Financial" /> <meta name="twitter:site" content="@Asia_Financial" /> <meta name="twitter:label1" content="Written by" /> <meta name="twitter:data1" content="Aarushi Agrawal, Eetika Kapoor" /> <meta name="twitter:label2" content="Est. reading time" /> <meta name="twitter:data2" content="1 minute" /> <script type="application/ld+json" class="yoast-schema-graph">{"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://www.asiafinancial.com/#organization","name":"Asia Financial","url":"https://www.asiafinancial.com/","sameAs":["https://www.instagram.com/asiafinancial/","https://www.facebook.com/asiafinancialnewsgroup","https://twitter.com/Asia_Financial"],"logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https://www.asiafinancial.com/#/schema/logo/image/","url":"https://www.asiafinancial.com/wp-content/uploads/2021/05/AF-News-General-large.png","contentUrl":"https://www.asiafinancial.com/wp-content/uploads/2021/05/AF-News-General-large.png","width":1024,"height":1024,"caption":"Asia Financial"},"image":{"@id":"https://www.asiafinancial.com/#/schema/logo/image/"}},{"@type":"WebSite","@id":"https://www.asiafinancial.com/#website","url":"https://www.asiafinancial.com/","name":"Asia Financial","description":"Latest Financial News Today, China Stock Market News LIVE","publisher":{"@id":"https://www.asiafinancial.com/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://www.asiafinancial.com/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk#primaryimage","url":"https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_1.jpg","contentUrl":"https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_1.jpg","width":1800,"height":1800,"caption":"Despite British economy and heavy corporate tax, Indian-owned tech firms are growing."},{"@type":"WebPage","@id":"https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk","url":"https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk","name":"Indian-Owned Tech Firms Pose Sharp Growth in UK","isPartOf":{"@id":"https://www.asiafinancial.com/#website"},"primaryImageOfPage":{"@id":"https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk#primaryimage"},"image":{"@id":"https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk#primaryimage"},"thumbnailUrl":"https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_1.jpg","datePublished":"2022-06-06T08:15:37+00:00","dateModified":"2022-06-06T08:17:29+00:00","description":"Despite British economy and heavy corporate tax, Indian-owned tech firms have grown revenue 7% to 54.4 billion pounds ($67 billion) in 2021.","breadcrumb":{"@id":"https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk"]}]},{"@type":"BreadcrumbList","@id":"https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://www.asiafinancial.com/"},{"@type":"ListItem","position":2,"name":"Indian-Owned Tech Firms See Sharp Growth in UK"}]}]}</script>  <link rel='dns-prefetch' href='//www.asiafinancial.com' /> <link rel='dns-prefetch' href='//s.w.org' /> <script type="text/javascript"> window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/13.1.0\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/13.1.0\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/www.asiafinancial.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=5.8.10"}}; !function(e,a,t){var n,r,o,i=a.createElement("canvas"),p=i.getContext&&i.getContext("2d");function s(e,t){var a=String.fromCharCode;p.clearRect(0,0,i.width,i.height),p.fillText(a.apply(this,e),0,0);e=i.toDataURL();return p.clearRect(0,0,i.width,i.height),p.fillText(a.apply(this,t),0,0),e===i.toDataURL()}function c(e){var t=a.createElement("script");t.src=e,t.defer=t.type="text/javascript",a.getElementsByTagName("head")[0].appendChild(t)}for(o=Array("flag","emoji"),t.supports={everything:!0,everythingExceptFlag:!0},r=0;r<o.length;r++)t.supports[o[r]]=function(e){if(!p||!p.fillText)return!1;switch(p.textBaseline="top",p.font="600 32px Arial",e){case"flag":return s([127987,65039,8205,9895,65039],[127987,65039,8203,9895,65039])?!1:!s([55356,56826,55356,56819],[55356,56826,8203,55356,56819])&&!s([55356,57332,56128,56423,56128,56418,56128,56421,56128,56430,56128,56423,56128,56447],[55356,57332,8203,56128,56423,8203,56128,56418,8203,56128,56421,8203,56128,56430,8203,56128,56423,8203,56128,56447]);case"emoji":return!s([10084,65039,8205,55357,56613],[10084,65039,8203,55357,56613])}return!1}(o[r]),t.supports.everything=t.supports.everything&&t.supports[o[r]],"flag"!==o[r]&&(t.supports.everythingExceptFlag=t.supports.everythingExceptFlag&&t.supports[o[r]]);t.supports.everythingExceptFlag=t.supports.everythingExceptFlag&&!t.supports.flag,t.DOMReady=!1,t.readyCallback=function(){t.DOMReady=!0},t.supports.everything||(n=function(){t.readyCallback()},a.addEventListener?(a.addEventListener("DOMContentLoaded",n,!1),e.addEventListener("load",n,!1)):(e.attachEvent("onload",n),a.attachEvent("onreadystatechange",function(){"complete"===a.readyState&&t.readyCallback()})),(n=t.source||{}).concatemoji?c(n.concatemoji):n.wpemoji&&n.twemoji&&(c(n.twemoji),c(n.wpemoji)))}(window,document,window._wpemojiSettings); </script> <style type="text/css"> img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 .07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !important; } </style> <link rel='stylesheet' id='wp-block-library-css' href='https://www.asiafinancial.com/wp-includes/css/dist/block-library/style.min.css?ver=5.8.10' type='text/css' media='all' /> <style id='co-authors-plus-coauthors-style-inline-css' type='text/css'> .wp-block-co-authors-plus-coauthors.is-layout-flow [class*=wp-block-co-authors-plus]{display:inline} </style> <style id='co-authors-plus-avatar-style-inline-css' type='text/css'> .wp-block-co-authors-plus-avatar :where(img){height:auto;max-width:100%;vertical-align:bottom}.wp-block-co-authors-plus-coauthors.is-layout-flow .wp-block-co-authors-plus-avatar :where(img){vertical-align:middle}.wp-block-co-authors-plus-avatar:is(.alignleft,.alignright){display:table}.wp-block-co-authors-plus-avatar.aligncenter{display:table;margin-inline:auto} </style> <style id='co-authors-plus-image-style-inline-css' type='text/css'> .wp-block-co-authors-plus-image{margin-bottom:0}.wp-block-co-authors-plus-image :where(img){height:auto;max-width:100%;vertical-align:bottom}.wp-block-co-authors-plus-coauthors.is-layout-flow .wp-block-co-authors-plus-image :where(img){vertical-align:middle}.wp-block-co-authors-plus-image:is(.alignfull,.alignwide) :where(img){width:100%}.wp-block-co-authors-plus-image:is(.alignleft,.alignright){display:table}.wp-block-co-authors-plus-image.aligncenter{display:table;margin-inline:auto} </style> <link rel='stylesheet' id='mpp_gutenberg-css' href='https://www.asiafinancial.com/wp-content/plugins/metronet-profile-picture/dist/blocks.style.build.css?ver=2.6.3' type='text/css' media='all' /> <script type='text/javascript' src='https://www.asiafinancial.com/wp-includes/js/jquery/jquery.min.js?ver=3.6.0' id='jquery-core-js'></script> <script type='text/javascript' src='https://www.asiafinancial.com/wp-includes/js/jquery/jquery-migrate.min.js?ver=3.3.2' id='jquery-migrate-js'></script> <link rel="https://api.w.org/" href="https://www.asiafinancial.com/wp-json/" /><link rel="alternate" type="application/json" href="https://www.asiafinancial.com/wp-json/wp/v2/posts/56439" /><link rel="EditURI" type="application/rsd+xml" title="RSD" href="https://www.asiafinancial.com/xmlrpc.php?rsd" /> <link rel="wlwmanifest" type="application/wlwmanifest+xml" href="https://www.asiafinancial.com/wp-includes/wlwmanifest.xml" /> <meta name="generator" content="WordPress 5.8.10" /> <link rel='shortlink' href='https://www.asiafinancial.com/?p=56439' /> <link rel="alternate" type="application/json+oembed" href="https://www.asiafinancial.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.asiafinancial.com%2Findian-owned-tech-firms-see-sharp-growth-in-uk" /> <link rel="alternate" type="text/xml+oembed" href="https://www.asiafinancial.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.asiafinancial.com%2Findian-owned-tech-firms-see-sharp-growth-in-uk&format=xml" /> <link rel="pingback" href="https://www.asiafinancial.com/xmlrpc.php">  <script type='text/javascript'> !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n; n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window, document,'script','https://connect.facebook.net/en_US/fbevents.js?v=next'); </script>  <script type='text/javascript'> var url = window.location.origin + '?ob=open-bridge'; fbq('set', 'openbridge', '918988045566644', url); </script> <script type='text/javascript'>fbq('init', '918988045566644', {}, { "agent": "wordpress-5.8.10-3.0.16" })</script><script type='text/javascript'> fbq('track', 'PageView', []); </script>  <noscript> <img height="1" width="1" style="display:none" alt="fbpx" src="https://www.facebook.com/tr?id=918988045566644&ev=PageView&noscript=1" /> </noscript>  <style type="text/css">.recentcomments a{display:inline !important;padding:0 !important;margin:0 !important;}</style> <style type="text/css" id="wp-custom-css"> .simple-text { margin: 10px 0 15px 0; } .author-content{ width: 100% !important; } .post-excerpt h4 { font-size: 16px; font-style: italic; color: grey; line-height: 23px; } .tt-post { border: 0px solid #489bd4 !important; -webkit-box-shadow: 0 0px 0 0 #eaeaea !important; -moz-box-shadow: 0 0px 0 0 #eaeaea !important; box-shadow: 0 0px 0 0 #eaeaea !important; } @media only screen and (min-width: 769px) { .relatedsingle{ height: 396px; } .h1, .h2, .h3, h1, h2, h3, .tt-title-text{ margin-top: 0px !important; margin-bottom: 0px !important; } } #fkgUBk { display: none; } </style> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:description" content="Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK. " /> <meta name="twitter:title" content="Indian-Owned Tech Firms See Sharp Growth in UK" /> <meta name="twitter:site" content="@ATFinancial_" /> <meta name="twitter:image" content="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_1.jpg" /><script type="application/ld+json">{ "@context": "http:\/\/schema.org", "@type": "newsarticle", "inLanguage": "en", "url": "https:\/\/www.asiafinancial.com", "articleBody": "[gallery size="full" ids="56426,56427,56428,56429,56430,56431,56432,56433"]", "articleSection": "Asia", "mainEntityOfPage": { "@type": "WebPage", "url": "https:\/\/www.asiafinancial.com\/indian-owned-tech-firms-see-sharp-growth-in-uk" }, "headline": "Indian-Owned Tech Firms See Sharp Growth in UK", "description": "Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK. ", "datePublished": "2022-06-06T08:15:37+00:00", "dateModified": "2022-06-06T08:17:29+00:00", "publisher": { "@type": "Organization", "name": "Asia Financial", "logo": { "@type": "ImageObject", "url": "https:\/\/www.asiafinancial.com\/wp-content\/themes\/atf\/images\/AF-logo-small.png", "width": "640", "height": "97" } }, "author": { "@type": "Person", "name": "Asia Financial" }, "image": { "@type": "ImageObject", "url": "https:\/\/www.asiafinancial.com\/wp-content\/uploads\/2022\/06\/UK-comapnies-carousal_1.jpg" } }</script> <script async src="https://www.googletagmanager.com/gtag/js?id=G-CNH68EHNDT"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-CNH68EHNDT'); </script> <style> .tt-header .main-nav>ul>li>a { padding: 12px 20px !important; } .tt-header-margins { padding-top: 192px; } .top-right{ margin-top: 4px; } @media only screen and (max-width: 991px) { .tt-header-margins { padding-top: 101px !important; } } @media only screen and (max-width: 550px) { .subscribe-btn, .tt-s-popup-btn { display:none !important; } } .submitdelete{ display:none; } @media (max-width: 767px){ .asia-financial-bg{padding: 15px 5px;} .tt-footer .ft-box.col-md-4.col-sm-6.col-1 {width: 33%;float: left;} .author-content{ width: 100% !important; } } .story-div .content ul li, .story-div .content ol li { font-family: 'Roboto', sans-serif; color: #666; font-size: 18px; line-height: 1.7; margin-bottom: 10px; } .wp-caption-text{ line-height: 17px !important; font-size: 12px !important; font-weight: 500 !important; margin-top: 10px !important; color: #aaaaaa !important; } </style> <link rel="stylesheet" href="https://fonts.googleapis.com/css?family=Roboto%3A400%2C500%2C700%7CMerriweather%3A700%7CRoboto%3A400&subset=latin%2Clatin-ext,latin&display=swap" /> <link rel="stylesheet" href="https://www.asiafinancial.com/wp-content/themes/atf/css/atf-min-style.css?v=1.2" /> <link rel='dns-prefetch' href='//fonts.googleapis.com' /> <link rel="preconnect" href="https://fonts.gstatic.com"> <link href="https://fonts.googleapis.com/css2?family=Barlow:ital,wght@0,100;0,200;0,300;0,400;0,500;0,600;0,700;1,100&display=swap" rel="stylesheet"> <style type="text/css"> img.wp-smiley, img.emoji { display: inline!important; border: none!important; box-shadow: none!important; height: 1em!important; width: 1em!important; margin: 0 .07em!important; vertical-align: -0.1em!important; background: none!important; padding: 0!important } </style> <style id='woocommerce-inline-inline-css' type='text/css'> .woocommerce form .form-row .required { visibility: visible } </style> <link rel='stylesheet' id='magplus-material-icon-css' href='https://fonts.googleapis.com/icon?family=Material+Icons&ver=5.3' type='text/css' media='all' /> <style id='magplus-main-style-inline-css' type='text/css'> .tt-header .main-nav>ul>li:not(.mega)>ul>li>a:hover, .tt-header .main-nav>ul>li:not(.mega)>ul>li>ul>li>a:hover, .mega.type-2 ul.tt-mega-wrapper li>ul a:hover, .tt-mega-list a:hover, .tt-s-popup-devider:after, .tt-s-popup-close:hover:before, .tt-s-popup-close:hover:after, .tt-tab-wrapper.type-1 .tt-nav-tab-item:before, .tt-pagination a:hover, .tt-pagination li.active a, .tt-thumb-popup-close:hover, .tt-video-popup-close:hover, .c-btn.type-1.color-2:before, .c-btn.type-1.style-2.color-2, .page-numbers a:hover, .page-numbers li span.current, .tpl-progress .progress-bar, .c-pagination.color-2 .swiper-active-switch, .tt-comment-form .form-submit, .woo-pagination span.current, .woo-pagination a:hover { background: #00447c } .tt-header .main-nav>ul>li.active>a, .tt-header .main-nav>ul>li:hover>a, .tt-s-popup-btn:hover, .tt-header.color-2 .top-menu a:hover, .tt-header.color-2 .top-social a:hover, .tt-s-popup-submit:hover .fa, .tt-mslide-label a:hover, .tt-sponsor-title:hover, .tt-sponsor.type-2 .tt-sponsor-title:hover, .tt-post-title:hover, .tt-post-label span a:hover, .tt-post-bottom a:hover, .tt-post-bottom a:hover .fa, .tt-post.light .tt-post-title:hover, .tt-blog-user-content a:hover, .tt-blog-user.light .tt-blog-user-content a:hover, .simple-img-desc a:hover, .tt-author-title:hover, .tt-author-social a:hover, .tt-blog-nav-title:hover, .tt-comment-label a:hover, .tt-comment-reply:hover, .tt-comment-reply:hover .fa, .comment-reply-link:hover, .comment-reply-link:hover .fa, .comment-edit-link:hover, .tt-search-submit:hover, .tt-news-title:hover, .tt-mblock-title:hover, .tt-mblock-label a:hover, .simple-text a, .c-btn.type-1.style-2.color-2:hover, .c-btn.type-2:hover, .c-btn.type-3.color-2:hover, .c-btn.type-3.color-3, .sidebar-item.widget_recent_posts_entries .tt-post.dark .tt-post-title:hover, .tt-post-cat a:hover, .sidebar-item.widget ul li a:hover, .tt-small-blog-slider .tt-h4-title a:hover, .tt-comment-form .form-submit:hover { color: #fb3624 } .c-pagination.color-2 .swiper-pagination-switch, .c-pagination.color-2 .swiper-active-switch, .tt-search input[type="text"]:focus, #loader, .c-btn.type-1.color-2, .c-input:focus, .c-btn.type-3.color-2:hover, .c-area:focus, .tt-title-text, .c-pagination.color-2 .swiper-pagination-switch, .tt-comment-form .form-submit, .custom-arrow-left.tt-swiper-arrow-3:hover, .custom-arrow-right.tt-swiper-arrow-3:hover { border-color: #00447c } .woocommerce .onsale, .woocommerce-page .onsale, .ajax_add_to_cart.c-btn.type-2, .product_type_variable.add_to_cart_button.c-btn.type-2, .tt-custom-pagination .current, .price_slider_amount button[type="submit"], .widget_price_filter .ui-slider .ui-slider-handle, .widget_shopping_cart .buttons .checkout, .woocommerce-form-login input[type="submit"], .woocommerce .shop_table .button[name="apply_coupon"], .woocommerce-page .shop_table .button[name="apply_coupon"], .single_add_to_cart_button, .woocommerce .shop_table .button[name="update_cart"], .woocommerce-page .shop_table .button[name="update_cart"], .woocommerce #payment .button, .woocommerce-page #payment .button, .woocommerce-page .wc-proceed-to-checkout .button { background: #fb3624!important } .ajax_add_to_cart.c-btn.type-2:hover, .product_type_variable.add_to_cart_button.c-btn.type-2:hover, .widget_shopping_cart .buttons .checkout:hover, .price_slider_amount button[type="submit"]:hover, .woocommerce .wc-proceed-to-checkout .button:hover, .woocommerce .shop_table .button:hover, .woocommerce .single_add_to_cart_button.button:hover, .woocommerce-page .wc-proceed-to-checkout .button:hover, .woocommerce-page .shop_table .button:hover, .woocommerce-page .single_add_to_cart_button.button:hover, .woocommerce .shop_table .button[name="update_cart"]:hover, .woocommerce-page .shop_table .button[name="update_cart"]:hover, .woocommerce #payment .button:hover, .woocommerce-page #payment .button:hover { background: rgba(251, 54, 36, .8)!important } .tt-header-type-5 .logo, .tt-header .logo { max-width: 370px; height: 45px; line-height: 45px } body.archive .tt-post-views { display: none!important } @media (max-width:767px) { .tt-iframe.smallVid { display: block!important } } .custom-color-properties-1000:after { background: #eaeaea!important } .custom-color-properties-1000 .tt-title-text { border-color: #00447b!important; color: #111111!important } .custom-color-properties-1001 .tt-title-text { border-color: #00447b!important; color: #111111!important } .custom-color-properties-1002 .tt-title-text { border-color: #ff5353!important; color: #111111!important } .custom-color-properties-1003 .tt-title-text { border-color: #ff53a0!important; color: #111111!important } .custom-color-properties-1004 .tt-title-text { border-color: #8ac53e!important; color: #111111!important } .custom-color-properties-1005 .tt-title-text { border-color: #8ac53e!important; color: #111111!important } @font-face { font-family: ; src: ; font-weight: 400; font-style: normal } .tt-post { border: 1px solid #489bd4; } .style2.tt-title-block:after, .sidebar-heading-style2 .tt-title-block:after { background: #479cd4; } .custom-color-properties-1000:after { background: #489bd4!important; } .tt-post-list li { border-bottom: 1px solid #489bd4; } .top-list{ list-style-type: none;padding: 9px 0 0 0;text-align: left; } .top-list li{ display: inline-block; color: #fff; font-size: 14px;margin-right: 7px !important; font-weight: 500;text-transform: uppercase; } .top-right li{ display: inline-block; color: #fff; font-size: 14px;margin-right: 2px; font-weight: 500;text-transform: uppercase;} .top-list li span{border: 1px solid #8ac53e;padding: 3px 7px;border-radius: 3px;display: inline-block;margin-left: 7px;} .top-list li a{ color: #489cd5; font-weight: 600;} .top-right{ list-style-type: none;padding: 13px 0 0 0;} .top-right li{ position: relative; } .top-right li a{ color: #fff; } .top-right li a:after{ content: ""; border-radius: 50%; width: 6px; height: 6px;display: inline-block;margin: 0 0 0 5px; } .top-right li:first-child a:after{background: #489cd5; } .top-right li:nth-child(2) a:after{background: #ff1d25; } .top-right li:last-child a:after{background: #8bc53f; } .aflisting li{ min-height: 200px; } .tt-s-popup-overlay { opacity: 0.5 !important; } .tt-s-search-btn { border:none !important; top: 30px !important; } .specialbx:after{ background:none !important; } .tt-post-author-name, .tt-post-date { font-size: 13px; } .top-right li:nth-child(2) a:after{ background: #489cd5 !important; } .top-right li:last-child a:after{ background: #489cd5 !important; } .top-list li img {height: 26px;margin-top: -7px;} .top-mobi-list{ display: none; } @media (max-width: 767px){ .top-list-mobi { list-style-type: none; padding: 9px 0 0; padding-left: 0px; text-align: left; } .top-mobi-list{margin: 0 -15px; display: block; position: fixed;top: 0; width: 100%; height:37px;} .tt-header.stick .top-inner, .tt-header .top-inner{ top: 36px;} .top-list li img{ margin-top: -5px; } .top-list{padding: 7px 0;} .mobi-top-story{padding-top: 123px;} #top-list-mobi li{ font-weight: 400 !important; font-size: 10px !important; } #top-list-mobi li img { height: 20px !important; } } .top-list li {font-size: 13px !important; font-weight: 400 !important; text-transform: none !important; } </style> <link rel="stylesheet" href="https://www.asiafinancial.com/wp-content/themes/atf/css/atf-style.css" /> <link rel="stylesheet" type="text/css" href="https://www.asiafinancial.com/wp-content/themes/atf/css/atf.css?v=1.15"> <noscript> <style> .woocommerce-product-gallery { opacity: 1!important } </style> </noscript> <link rel="icon" type="image/png" href="https://www.asiafinancial.com/wp-content/uploads/2022/02/af_32x32.png" /> <style type="text/css" title="dynamic-css" class="options-output"> .tt-header .top-line, .tt-header.color-2 .top-line { background: #1f2330 } .tt-header .top-menu a, .tt-header .top-social a, .tt-header.color-2 .top-menu a, .tt-header.color-2 .top-social a { color: #e5e5e5 } .tt-header .top-menu a:hover, .tt-header .top-social a:hover, .tt-header.color-2 .top-menu a:hover, .tt-header.color-2 .top-social a:hover { color: #9e9e9e } .tt-header-type-7 .toggle-block, .tt-header-type-4 .toggle-block, .tt-header-type-3 .toggle-block, .tt-header .toggle-block, .tt-header-type-5 .top-inner { background: #489bd4 } .tt-header .main-nav>ul>li>a, .tt-header-type-4 .tt-s-popup-btn, .tt-s-popup-btn, .tt-header .cmn-mobile-switch span, .tt-header .cmn-mobile-switch::before, .tt-header .cmn-mobile-switch::after { color: #fff } .tt-header .main-nav>ul>li.active>a, .tt-header .main-nav>ul>li:hover>a, .tt-s-popup-btn:hover, .tt-header .cmn-mobile-switch:hover:before, .tt-header .cmn-mobile-switch:hover:after, .tt-header .cmn-mobile-switch:hover span { color: #111 } .tt-header-style-link .main-nav>ul>li>a:after, .tt-header-type-5 .main-nav>ul>li>a:after { background: #01bd5d } .sidebar-heading-style2 .tt-title-text, .sidebar-heading-style4 .tt-title-block, .sidebar-heading-style5 .tt-title-block, .sidebar-heading-style3 .tt-title-block { border-color: #00447b } #loading-text, .simple-text h1, .c-h1, .simple-text h2, .c-h2, .simple-text h3, .c-h3, .simple-text h4, .c-h4, .simple-text h5, .c-h5, .simple-text h6, .c-h6, .simple-text.font-poppins, .c-btn.type-1, .c-btn.type-2, .c-btn.type-3, .c-input, .tt-mobile-nav>ul>li>a, .tt-mobile-nav>ul>li>ul>li>a, .tt-header .main-nav>ul>li:not(.mega)>ul>li>a, .tt-mega-list a, .tt-s-popup-title, .tt-title-text, .tt-title-block-2, .comment-reply-title, .tt-tab-wrapper.type-1 .tt-nav-tab-item, .tt-f-list a, .tt-footer-copy, .tt-pagination a, .tt-blog-user-content, .tt-author-title, .tt-blog-nav-label, .tt-blog-nav-title, .tt-comment-label, .tt-search input[type="text"], .tt-share-title, .tt-mblock-label, .page-numbers a, .page-numbers span, .footer_widget.widget_nav_menu li a, .tt-h1-title, .tt-h4-title, .tt-h2-title, .shortcode-4 .tt-title-slider a, .footer_widget .tt-title-block.type-2 .tt-title-text, .footer_widget .tt-newsletter-title.c-h4 small { font-family: 'Barlow', sans-serif font-weight: 700; font-style: normal } body, .tt-title-ul, .simple-text.title-droid h1, .simple-text.title-droid h2, .simple-text.title-droid h3, .simple-text.title-droid h4, .simple-text.title-droid h5, .simple-text.title-droid h6, .tt-tab-wrapper.tt-blog-tab .tt-nav-tab .tt-nav-tab-item, .tt-header .main-nav, .tt-header .top-menu a, .tt-post-bottom, .tt-post-label, .tt-s-popup-field input[type="text"], .tt-slide-2-title span, input, textarea, .tt-post-cat, .tt-slider-custom-marg .c-btn.type-3, .tt-mslide-label, select, .tt-post-breaking-news .tt-breaking-title, .sidebar-item.widget_recent_posts_entries .tt-post.dark .tt-post-cat, .shortcode-4 .simple-text, .woocommerce-result-count { font-family: Roboto; font-weight: 400; font-style: normal } .asia8-compo .col-md-9 { position: relative !important; z-index: 9 !important; } .tt-header-style-link .main-nav>ul>li>a:after, .tt-header-type-5 .main-nav>ul>li>a:after{ background: #00447b;} .tt-post.type-7 .tt-post-img .wp-post-image{height: 58px;} .tt-post.type-3 .tt-post-img .wp-post-image{height: 205px;} @media (max-width: 767px){ .tt-post.type-3 .tt-post-img .wp-post-image,.tt-post.type-7 .tt-post-img .wp-post-image {height: auto;} } .tt-footer { background: #00447B !important; } .tt-footer-copy{ background: #1F2330 !important; } /* @media only screen and (max-width: 550px){ .tt-s-search-btn{ left: 31px; top: 17px!important; } .tt-s-search-btn .fa.search-open{ display: block!important; } .tt-s-search-btn .search-open.active+.tt-s-search-form{ width: 100%; top: 23px; max-width: 320px; min-width: 320px; left: -40px; } .tt-s-search-btn .tt-s-popup-close{z-index: 999999999; right: 5px; top: -4px;} } */ .tt-s-popup-close:after, .tt-s-popup-close:before{top: 16px; width: 22px; height: 3px;} .tt-s-popup-field{ position: relative; z-index: 999999; background: #489bd4; color: #fff; height: 30px; line-height: 30px; } </style> <noscript> <style> .wpb_animate_when_almost_visible { opacity: 1 } </style> </noscript>   <script> !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window, document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '918988045566644'); fbq('track', 'PageView'); </script> <noscript><img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=918988045566644&ev=PageView&noscript=1" /></noscript>   <script> !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '189940718103664');fbq('track', 'PageView'); </script> <noscript> <img height="1" width="1" src="https://www.facebook.com/tr?id=189940718103664&ev=PageView&noscript=1"/> </noscript>  <meta property="fb:pages" content="100250128285411" /> <meta name="facebook-domain-verification" content="hrf98cuzbeqqphtjig2d7z55ua38ck" />  <script data-cfasync="false" id="clevernt" type="text/javascript"> (function (document, window) { var c = document.createElement("script"); c.type = "text/javascript"; c.async = !0; c.id = "CleverNTLoader44150"; c.setAttribute("data-target",window.name); c.setAttribute("data-callback","put-your-callback-macro-here"); c.src = "//clevernt.com/scripts/b53b1abc077187e69c6dce26bb2169ee.min.js?20210208=" + Math.floor((new Date).getTime()); var a = !1; try { a = parent.document.getElementsByTagName("script")[0] || document.getElementsByTagName("script")[0]; } catch (e) { a = !1; } a || ( a = document.getElementsByTagName("head")[0] || document.getElementsByTagName("body")[0]); a.parentNode.insertBefore(c, a); })(document, window); </script>  <script async src="https://www.googletagmanager.com/gtag/js?id=G-JSYJWDZQDZ"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-JSYJWDZQDZ'); </script>  <script src="https://www.googletagmanager.com/gtag/js?id=UA-3625887-4" async defer></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-3625887-4'); </script>  <script> (function(h,o,t,j,a,r){ h.hj=h.hj||function(){(h.hj.q=h.hj.q||[]).push(arguments)}; h._hjSettings={hjid:2080194,hjsv:6}; a=o.getElementsByTagName('head')[0]; r=o.createElement('script');r.async=1; r.src=t+h._hjSettings.hjid+j+h._hjSettings.hjsv; a.appendChild(r); })(window,document,'https://static.hotjar.com/c/hotjar-','.js?sv='); </script> <meta name="google-site-verification" content="mIh1fYJM6F7H81R-3DyC0RT-dkfkyLXdaXZLgTbxAQo" /> <meta name="ahrefs-site-verification" content="2428459a227642e9978e938cddd10198f03a272e5faa56467aef49a2e0398488"> <meta name="pocket-site-verification" content="8aabf79294bc5d000642a48b873e1f" /> <meta name="msvalidate.01" content="6A4287D236ECB84766F5E64D78DA56BB" /> <script async type="text/javascript" src="https://static.klaviyo.com/onsite/js/klaviyo.js?company_id=JGevqp"></script>  <script async src="https://www.googletagmanager.com/gtag/js?id=G-04BHDZ0BHE"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-04BHDZ0BHE'); </script> <script data-ad-client="ca-pub-6117110569640947" async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script> </head> <script async='async' src='https://securepubads.g.doubleclick.net/tag/js/gpt.js' type='text/javascript'/></script> <script type='text/javascript'>window.googletag = window.googletag || { cmd: [] };</script> <script type='text/javascript'> let afinScript = document.createElement('script'); afinScript.src = 'https://adncdnend.azureedge.net/adtags/asiafin.adn.js'; document.getElementsByTagName('head')[0].append(afinScript); </script>  <body class="home page-template-default page page-id-405 wp-embed-responsive theme-magplus woocommerce-no-js full-page header-style13 tt-top-header-enable tt-header-sticky wpb-js-composer js-comp-ver-6.0.4 vc_responsive elementor-default">  <div id="wrapper">  <div class="tt-mobile-block"> <div class="tt-mobile-close"></div> <nav class="tt-mobile-nav"> <ul id="side-header-nav" class="side-menu"> <li id="menu-item-760" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-privacy-policy menu-item-760"><a href="/">Home</a></li> <li id="menu-item-779" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-779"><a href="/af-indexes">AF Indexes</a></li> <li id="menu-item-780" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-780"><a href="/markets">Markets</a></li> <li id="menu-item-781" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-781"><a href="/carbon">Carbon</a></li> <li id="menu-item-781" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-781"><a href="/fintech">Fintech</a></li> <li id="menu-item-782" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-782"><a href="/energy">Energy</a></li> <li id="menu-item-783" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-783"><a href="/transport">Transport</a></li> <li id="menu-item-783" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-783"><a href="/health">Health</a></li> <li id="menu-item-783" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-783"><a href="/regions">Regions</a></li> <li id="menu-item-783" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-783"><a href="/insights/">Insights</a></li> <li id="menu-item-783" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-783"><a href="/videos">AF TV</a></li> </ul> <div class="sidebar-logo"> <a href="/" class="logo tt-logo-1x"><img src="https://www.asiafinancial.com/wp-content/themes/atf/images/AF-logo-small.png" alt="AF Logo" width="350"></a> </div> </nav> </div> <div class="tt-mobile-overlay"></div> <div class="tt-s-popup"> <div class="tt-s-popup-overlay"></div> <div class="tt-s-popup-content"> <div class="tt-s-popup-layer"></div> <div class="tt-s-popup-container"> <form action="#" method="get" class="tt-s-popup-form"> <div class="tt-s-popup-field"> <input type="text" id="s" name="s" value="" placeholder="Type to search" class="input" required> <div class="tt-s-popup-devider"></div> <h3 class="tt-s-popup-title">Type to search</h3></div> <a href="#" class="tt-s-popup-close"></a> </form> </div> </div> </div> <div class="tt-video-popup"> <div class="tt-video-popup-overlay"></div> <div class="tt-video-popup-content"> <div class="tt-video-popup-layer"></div> <div class="tt-video-popup-container"> <div class="tt-video-popup-align"> <div class="embed-responsive embed-responsive-16by9"> <iframe class="embed-responsive-item" src="about:blank"></iframe> </div> </div> <div class="tt-video-popup-close"></div> </div> </div> </div> <div class="tt-thumb-popup"> <div class="tt-thumb-popup-overlay"></div> <div class="tt-thumb-popup-content"> <div class="tt-thumb-popup-layer"></div> <div class="tt-thumb-popup-container"> <div class="tt-thumb-popup-align"> </div> <div class="tt-thumb-popup-close"></div> </div> </div> </div> <div id="content-wrapper"> <header class="tt-header header-style13 tt-header-style-link full-page"> <div class="tt-header-wrapper"> <div class="top-line clearfix top-mobi-list"> <div class="container"> <div class="aftopbx"> <div class="row"> <div class="col-md-12" id="top-list-mobi"> <ul class="top-list"> </ul> </div> </div> </div> </div> </div> <div class="top-inner clearfix"> <div class="container"> <a href="/" class="logo tt-logo-1x"><img src="https://www.asiafinancial.com/wp-content/themes/atf/images/AF-logo-small.png" alt="ATF Logo" width="350"></a> <a href="/" class="logo tt-logo-2x"><img src="https://www.asiafinancial.com/wp-content/themes/atf/images/AF-logo-small.png" alt="ATF" width="263" height="45" style="max-height:30px; height:auto;"></a> <div class="cmn-toggle-switch"><span></span></div> <div class="cmn-mobile-switch"><span></span></div> <div class="tt-s-search-btn"> <div class="search-click"> <i style="display:none;" class="fa fa-search search-open" aria-hidden="true"></i> <form action="#" method="get" class="tt-s-popup-form tt-s-search-form"> <a href="#" class="tt-s-popup-close close"></a> <div class="tt-s-popup-field"> <input type="text" id="s" name="s" value="" placeholder="search" class="input" required> </div> </form> </div> </div>  <a class="subscribe-btn" style="color:white;" href="/newsletter">Newsletter</a> </div> </div> <div class="toggle-block"> <div class="toggle-block-container"> <nav class="main-nav clearfix"> <ul id="nav" class="menu"> <li><a href="/">Home</a></li> <li><a href="/af-indexes">AF Indexes</a> <ul class="sub-menu"> <li><a href="/af-indexes/global-fintech-leaders-index">Global Fintech Leaders Index</a></li> <li><a href="/af-indexes/af-china-bond-50-index">AF China Bond 50 Index</a></li> <li><a href="/af-indexes/global-green-energy-transport-and-technology-leaders-index">GGETT Leaders Index</a></li> <li><a href="/af-indexes/china-electric-vehicle-index">China Electric Vehicle Index</a></li> </ul> </li> <li><a href="/markets">Markets</a> <ul class="sub-menu"> <li><a href="/markets/bonds">Bonds News</a></li> <li><a href="/markets/capital-markets">Capital Markets News </a></li> <li><a href="/markets/commodities">Commodities News</a></li> <li><a href="/markets/esg">ESG News</a></li> <li><a href="/markets/etfs">ETFs News</a></li> </ul> </li> <li><a href="/carbon">Carbon</a></li> <li><a href="/fintech">Fintech</a><ul class="sub-menu"> <li><a href="/fintech/ai">AI News</a></li> <li><a href="/fintech/blockchain">Blockchain News</a></li> <li><a href="/fintech/crypto">Crypto News</a></li> <li><a href="/fintech/cyber-security">Cyber Security News</a></li> <li><a href="/fintech/payments">Payments News</a></li> </ul> </li> <li><a href="/energy">Energy</a><ul class="sub-menu"> <li><a href="/energy/mining">Mining News</a></li> <li><a href="/energy/new-energy">New Energy News</a></li> <li><a href="/energy/oil-gas">Oil & Gas News</a></li> <li><a href="/energy/rare-earths">Rare Earths News</a></li> </ul></li> <li><a href="/transport">Transport</a><ul class="sub-menu"> <li><a href="/transport/aviation">Aviation News</a></li> <li><a href="/transport/electric-vehicles">Electric Vehicles News</a></li> <li><a href="/transport/new-energy-vehicles">New Energy Vehicles News</a></li> <li><a href="/transport/space">Space News</a></li> </ul></li> <li><a href="/health">Health</a></li> <li><a href="/regions">Regions</a><ul class="sub-menu"> <li><a href="/regions/world">World News</a></li> <li><a href="/regions/asia">Asia News</a></li> <li><a href="/regions/china">China News</a></li> <li><a href="/regions/india">India News</a></li> <li><a href="/regions/central-asia">Central Asia News</a></li> <li><a href="/regions/north-asia">North Asia News</a></li> <li><a href="/regions/oceania">Oceania News</a></li> </ul></li> <li><a href="/insights">Insights</a><ul class="sub-menu"> <li><a href="/insights/market-insights">Market Insights</a></li> <li><a href="/insights/fintech-insights">Fintech Insights</a></li> <li><a href="/insights/opinion">Opinion</a></li> </ul></li> <li><a href="/videos">AF TV</a></li> </ul> </nav> <div class="nav-more">  </div> <div class="nav-more nav-more-left"> </div> <div class="top-line clearfix"> <div class="container"> <div class="aftopbx"> <div class="row"> <div class="col-md-8" id="top-list"> <ul class="top-list"> </ul> </div> <div class="col-md-4"> <ul class="top-right"> <li style="margin-right: 3px;"><a style="cursor: default;" href="javascript:void();">NEWS</a></li> <li style="margin-right: 3px;"><a style="cursor: default;" href="javascript:void();">ANALYSIS</a></li> <li style="margin-right: 3px;"><a style="cursor: default;" href="javascript:void();">INDEXES</a> </ul> </div> </div> </div> </div> </div> </div> </div> </div> </header> <div class="tt-header-heights tt-header-margins"></div> <style> @media (max-width: 767px){ .asia-financial-bg{padding: 15px 5px;} .tt-footer .ft-box.col-md-4.col-sm-6.col-1 {width: 33%;float: left;} } </style> <style type="text/css"> .tt-header .main-nav>ul>li:not(.mega)>ul.sub-menu{ border-color: #489bd4; top: 41px; padding-top: 0; margin-top: 0; padding-bottom: 0; } .tt-header .main-nav>ul>li:not(.mega)>ul>li{ border-bottom: 1px solid #489bd4; margin: 0 10px; } .tt-header .main-nav>ul>li:not(.mega)>ul>li:last-child{ border-bottom: none; } .tt-header .main-nav>ul>li:not(.mega)>ul>li a{ font-family: 'Barlow', sans-serif; font-weight: 700; color: #000; } </style> <script src="https://code.jquery.com/jquery-3.6.0.min.js" integrity="sha256-/xUj+3OJU5yExlq6GSYGSHk7tPXikynS7ogEvDej/m4=" crossorigin="anonymous"></script> <script src="https://www.asiafinancial.com/wp-content/themes/atf/js/scripts/global.js"></script> <script src="https://www.asiafinancial.com/wp-content/themes/atf/js/scripts/idangerous.swiper.min.js"></script> <script src="https://www.asiafinancial.com/wp-content/themes/atf/js/scripts/jquery.appear.min.js"></script> <script src="https://www.asiafinancial.com/wp-content/themes/atf/js/scripts/jquery.formstone.min.js"></script> <script src="https://www.asiafinancial.com/wp-content/themes/atf/js/scripts/jquery.isotope.min.js"></script> <script src="https://www.asiafinancial.com/wp-content/themes/atf/js/scripts/match.height.min.js"></script> <script src="https://www.asiafinancial.com/wp-content/themes/atf/js/scripts/parallax.min.js"></script> <script src="https://www.asiafinancial.com/wp-content/themes/atf/js/scripts/ytv.js"></script>  <script type="text/javascript"> jQuery(document).ready(function(){ if( jQuery("ul.tabs").length > 0 ) { jQuery('ul.tabs li').click(function(){ var tab_id = jQuery(this).attr('data-tab'); jQuery('ul.tabs li').removeClass('active-current'); jQuery('.tab-content').removeClass('active-current'); jQuery(this).addClass('active-current'); jQuery("#"+tab_id).addClass('active-current'); }) } }) </script> <script type="text/javascript"> jQuery('.search-open').click(function(){ jQuery(this).addClass('active'); //jQuery(this).parent().siblings().find('.search-open').removeClass('active'); }) jQuery('.close').click(function(){ jQuery(this).closest('.search-click').find('.search-open').removeClass('active'); }); </script> <style type="text/css"> @media only screen and (max-width: 550px){ .tt-s-search-btn .tt-s-popup-close{ opacity: 1; } .tt-s-search-btn{ left: 0; } .tt-header .cmn-mobile-switch:hover:before, .tt-header .cmn-mobile-switch:hover span, .tt-header .cmn-mobile-switch:hover:after{ background: #fff; } .tt-s-search-btn .fa.search-open{ margin-left: 30px; position: relative; top: -29px; } .tt-s-search-btn{ top: 48px!important; width: 100%; } .tt-s-search-btn .search-open.active+.tt-s-search-form{ left: -8%; width: 116%; top: -75px; } .tt-s-search-btn .tt-s-popup-close{ right: 14px; } .tt-s-search-btn .tt-s-popup-field input[type=text]{ padding-left: 14px; } } </style> <script> jQuery(document).ready(function() { jQuery('.fa-search').show(); }); </script>  <script async src="https://www.googletagmanager.com/gtag/js?id=AW-10878662245"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'AW-10878662245'); </script> <style> .tags a { margin-top: 5px; } .story-div .content p{ font-size: 18px; } .story-div .content h5 { line-height: 28px; font-size: 17px; font-weight: 700; margin: 10px 0 10px 0; } .story-div .content h4 { line-height: 28px; font-size: 18px; font-weight: 700; margin: 10px 0 10px 0; } .story-div .content h3 { line-height: 28px; font-size: 19px; font-weight: 700; margin: 10px 0 10px 0; } .story-div .content h2 { line-height: 28px; font-size: 20px; font-weight: 700; margin: 10px 0 10px 0; } .story-div .content h1 { line-height: 28px; font-size: 21px; font-weight: 700; margin: 10px 0 10px 0; } .imgauthor{ border-radius: 50%; } .custom-share{margin:0;padding-left:0;padding-bottom:5px;} .custom-share>li{box-sizing:border-box;display:inline-block;font-size:15px;line-height:14px;padding:0 5px 0 0;margin:0;transition:all .2s ease-in-out;list-style-type:none;} .custom-share>li>a{background:#ccc;border-radius:3px;box-sizing:border-box;display:block;font-family:'Roboto',sans-serif;padding:7px;position:relative;text-align:left;height:39px;text-decoration:none;text-transform:uppercase;width:100%;} .custom-share>li>a i{display:inline-block;line-height:20px;} .custom-share>li>a i img{max-width:100%;} .custom-share>li>a i.fb{ background-position:0 1px; height:26px; width:14px; } .custom-share>li>a i.twit{padding-top:2px;height:24px;width:26px;} .custom-share>li>a i.gplus{padding-top:4px;height:24px;width:26px;} .custom-share>li>a i.wapp{height:24px;width:26px;} .custom-share>li>a i.wapp img{margin-top:-1px;} .custom-share>li.facebook a{background:#3b5999;padding:6px 40px;} .custom-share>li.twit a{background:#55acef;} .custom-share>li.gplus a{background:#e93f2e;} .custom-share>li.whatsapp a{background:#29a71a;} .custom-share>li.whatsapp{display:none;} .custom-share>li:hover{-webkit-transform: translateY(-4px);transform: translateY(-4px);} @media (max-width: 767px){ .custom-share{display:table;width:100%;} .custom-share>li>a{text-align:center;vertical-align: top;} .custom-share>li{display:table-cell;float:none;vertical-align: top;min-width:inherit;width:25%;} .custom-share>li.whatsapp{display:table-cell;} .custom-share>li.facebook a{padding:6px 8px;} } .sharethisbx { display: inline; text-align: right; vertical-align: middle; } @media screen and (max-width: 767px){ .related-articles-sec .tt-post-inner{ overflow: hidden; border-bottom: 1px dotted rgba(0, 0, 0, 0.2); } .related-articles-sec .tt-post-inner .tt-post-img{ float: right; margin-left: 10px;} .related-articles-sec .simple-text a{font-size: 18px;color: #111;font-weight: 500;line-height: 26px;} .related-articles-sec .tt-post.type-3 .tt-post-info{padding: 0; } .related-articles-sec .tt-post-info .simple-text{ margin-top: 0;} .related-articles-sec .tt-post.type-3{ text-align: left; } } .new-category-design, .tt-post-label-new { margin-bottom: -8px; margin-top: 13px; } </style> <div id="page-wrapper" class="content top-bottom"> <div class="container"> <div class="row story-div"> <div class="marg-lg-b20"></div> <div class="col-md-8"> <div class="story-top"> <div class="reports-big-head"> <div class="tt-post-label tt-post-label-new"> <span class="tt-post-label-new tt-post-cat"> <a href="https://www.asiafinancial.com/regions/asia">Asia</a> </span></div> <h1 class="reports-big-head">Indian-Owned Tech Firms See Sharp Growth in UK</h1> </div> <div class="tt-post type-3"> <div class="tt-post-label" style="font-size:14px;">  <span class="tt-post-date" style="margin-left:5px;">June 6, 2022</span></div> <div class="col post-excerpt" style="margin-top:10px;"> <h4> <p>Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK. </p> </h4> </div> <br> <div class="sharethisbx"> <ul class="custom-share"> <li class="facebook"> <a target="_blank" rel="nofollow" href="https://www.facebook.com/sharer/sharer.php?u=https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk"> <i class="fb"><img alt="facebook" src="https://www.asiafinancial.com/wp-content/themes/atf/images/facebook.svg"></i> </a> </li> <li class="twit"> <a rel="nofollow" target="_blank" href="https://twitter.com/share?text=Indian-Owned%20Tech%20Firms%20See%20Sharp%20Growth%20in%20UK&url=https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk"> <i class="twit"><img src="https://www.asiafinancial.com/wp-content/themes/atf/images/twitter.svg?v=1" alt="twitter"></i> </a> </li> <li class="whatsapp"> <a rel="nofollow" href="whatsapp://send?text=https://www.asiafinancial.com/indian-owned-tech-firms-see-sharp-growth-in-uk"> <i class="wapp"><img src="https://www.asiafinancial.com/wp-content/themes/atf/images/whatsapp.svg" alt="whatsapp"></i> </a> </li> </ul> </div> </div> </div> <div class="story-big-img"> <figure>  </figure> </div> <div class="content"> <style> .photo-slide{background:#333; margin:10px 0 0 0; padding:10px; position:relative;} .photo-slide li img{width:100%; margin:0 auto;} .photo-slide li p{color:#fff;font-size:16px;font-weight:normal;line-height:22px; margin-top:10px;} .photo-slide .outside a{text-indent:-9999px; position:absolute;} .photo-slide .outside #slider2-next a {background:url(../wp-content/themes/atf/images/right.png) no-repeat 0 0; top:-44px;right:0px; width:25px; height:25px;} .photo-slide .outside #slider2-prev a {background:url(../wp-content/themes/atf/images/left.png) no-repeat 0 0;top:-44px; right:98px; width:25px; height:25px;} .photo-slide .outside #slider-next a{background:url(../wp-content/themes/atf/images/next-arrow.png) no-repeat 0 0;right:5px;top:25%; width:60px; height:60px;} .photo-slide .outside #slider-prev a{background:url(../wp-content/themes/atf/images/prev-arrow.png) no-repeat 0 0;left:5px;top:25%; width:60px; height:60px;} .photo-slide .bx-pager {position: absolute; color: #333; right: 26px; top: -38px; font-size: 14px;height: 16px;overflow: hidden;width: 70px; text-align:center;} .photo-slide .bx-controls-auto{position: absolute;top: 15px; left:15px; z-index: 99995;} .photo-slide .bx-controls-auto a{background:url(../images/autoslideshow.png) no-repeat; display:block; width:166px; height:40px; text-indent:-9999px;} .photo-slide .bx-controls-auto .bx-stop { background-position: 0 0;} .photo-slide .bx-controls-auto .bx-start{ background-position: 0 -42px;} .bx-default-pager, #slider2-prev, #slider2-next { display:none; } </style> <script src="https://cdnjs.cloudflare.com/ajax/libs/bxslider/4.2.15/jquery.bxslider.min.js" integrity="sha512-p55Bpm5gf7tvTsmkwyszUe4oVMwxJMoff7Jq3J/oHaBk+tNQvDKNz9/gLxn9vyCjgd6SAoqLnL13fnuZzCYAUA==" crossorigin="anonymous" referrerpolicy="no-referrer"></script> <div class="photo-slide"> <ul class="pg-slider"> <li><img src="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_1-1024x1024.jpg" alt="" itemprop="image" /> <p itemprop="description"></p> </li><li><img src="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_2-1024x1024.jpg" alt="" itemprop="image" /> <p itemprop="description"></p> </li><li><img src="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_3-1024x1024.jpg" alt="" itemprop="image" /> <p itemprop="description"></p> </li><li><img src="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_4-1024x1024.jpg" alt="" itemprop="image" /> <p itemprop="description"></p> </li><li><img src="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_5-1024x1024.jpg" alt="" itemprop="image" /> <p itemprop="description"></p> </li><li><img src="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_6-1024x1024.jpg" alt="" itemprop="image" /> <p itemprop="description"></p> </li><li><img src="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_7-1024x1024.jpg" alt="" itemprop="image" /> <p itemprop="description"></p> </li><li><img src="https://www.asiafinancial.com/wp-content/uploads/2022/06/UK-comapnies-carousal_8-1024x1024.jpg" alt="" itemprop="image" /> <p itemprop="description"></p> </li> </ul> <div class="outside"> <span id="slider-prev"></span> <span id="slider-next"></span> <span id="slider2-prev"></span> <span id="slider2-next"></span> </div> </div> <script> jQuery(document).ready(function(e) { jQuery('.pg-slider').bxSlider({ displaySlideQty:1, moveSlideQty:1, auto:true, pause: 53000, autoControls: true, autoControlsCombine: true, adaptiveHeight: true, pager:true, pagerType:'short', pagerLocation:'bottom', pagerShortSeparator:' of ', nextSelector: '#slider-next, #slider2-next', prevSelector: '#slider-prev, #slider2-prev', nextText: 'Onward →', prevText: '← Go back' }); }); </script> <div class="tags"> Tags: <a href="https://www.asiafinancial.com/tag/asia-economy" rel="tag">Asia Economy</a> </div> <div class="author-box"> <div class="profile_images"><img width="96" height="96" src="https://www.asiafinancial.com/wp-content/uploads/2022/05/arushi-96x96.jpeg" class="avatar avatar-96 photo imgauthor" alt="" loading="lazy" srcset="https://www.asiafinancial.com/wp-content/uploads/2022/05/arushi-96x96.jpeg 96w, https://www.asiafinancial.com/wp-content/uploads/2022/05/arushi-150x150.jpeg 150w, https://www.asiafinancial.com/wp-content/uploads/2022/05/arushi-24x24.jpeg 24w, https://www.asiafinancial.com/wp-content/uploads/2022/05/arushi-48x48.jpeg 48w, https://www.asiafinancial.com/wp-content/uploads/2022/05/arushi.jpeg 250w" sizes="100vw" /></div> <div class="author-content"> <h3><a href="https://www.asiafinancial.com/author/aarushi-agrawalasiafinancial-com">Aarushi Agrawal </a></h3> <p style="font-size: 14px;"> Aarushi is an art director, design thinker & a great cook. She has been in the communications industry for more than 7 years and has an aptitude for picking up new skills and quickly adapting to new situations. She enjoys meeting new people and believes that to laugh is the best way to optimize life. </p> </div> </div> <div class="author-box"> <div class="profile_images"><img width="96" height="96" src="https://www.asiafinancial.com/wp-content/uploads/2022/05/Eetika-Kapoor-96x96.jpeg" class="avatar avatar-96 photo imgauthor" alt="" loading="lazy" srcset="https://www.asiafinancial.com/wp-content/uploads/2022/05/Eetika-Kapoor-96x96.jpeg 96w, https://www.asiafinancial.com/wp-content/uploads/2022/05/Eetika-Kapoor-150x150.jpeg 150w, https://www.asiafinancial.com/wp-content/uploads/2022/05/Eetika-Kapoor-24x24.jpeg 24w, https://www.asiafinancial.com/wp-content/uploads/2022/05/Eetika-Kapoor-48x48.jpeg 48w, https://www.asiafinancial.com/wp-content/uploads/2022/05/Eetika-Kapoor.jpeg 250w" sizes="100vw" /></div> <div class="author-content"> <h3><a href="https://www.asiafinancial.com/author/eetika-kapoor">Eetika Kapoor </a></h3> <p style="font-size: 14px;"> Eetika Kapoor is an India-based multimedia journalist for Asia Financial. Currently covering fintech and new economy, her articles were previously featured in The Hindu, Economic Times, Times of India, India News. You can tweet to her at @EetikaKapoor or mail her at <a href="/cdn-cgi/l/email-protection" class="__cf_email__" data-cfemail="c3a6a6b7aaa8a2eda8a2b3acacb183a2b0aaa2a5aaada2ada0aaa2afeda0acae">[email protected]</a> </p> </div> </div> <div class="category-col related-articles-sec"> <div class="tt-title-block custom-color-properties-1001 style2"> <h3 class="tt-title-text" style="border-bottom:none;">You Might also Like</h3> </div> <div class="marg-lg-b20"></div> <div class="row tt-post-two-col "> <div class="tt-post tt-post-two-col-item type-3 col-sm-3 col-md-3 post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics relatedsingle"> <div class="tt-post-inner"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/red-sea-shipping-disruption-may-last-at-least-a-few-months"> <img width="537" height="307" style="height:103px;" src="https://www.asiafinancial.com/wp-content/uploads/2024/01/AF-featured-november-2023-1-1-300x200.png" class="img-responsive wp-post-image" alt="Red Sea Shipping Disruption May Last ‘at Least a Few Months'"> </a> <div class="tt-post-info"> <div class="tt-post-label"> <div class="simple-text"> <a href="https://www.asiafinancial.com/red-sea-shipping-disruption-may-last-at-least-a-few-months">Red Sea Shipping Disruption May Last ‘at Least a Few Months'</a> </div>  </div> </div> </div> <div class="marg-lg-b30"></div> </div><div class="tt-post tt-post-two-col-item type-3 col-sm-3 col-md-3 post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics relatedsingle"> <div class="tt-post-inner"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/japan-looking-to-trim-budget-for-first-time-in-12-years"> <img width="537" height="307" style="height:103px;" src="https://www.asiafinancial.com/wp-content/uploads/2022/11/People-consider-products-at-a-drug-store-in-tokyo-Rs-25-11-22-300x218.jpeg" class="img-responsive wp-post-image" alt="Japan Looking to Trim Budget for First Time in 12 Years"> </a> <div class="tt-post-info"> <div class="tt-post-label"> <div class="simple-text"> <a href="https://www.asiafinancial.com/japan-looking-to-trim-budget-for-first-time-in-12-years">Japan Looking to Trim Budget for First Time in 12 Years</a> </div>  </div> </div> </div> <div class="marg-lg-b30"></div> </div><div class="tt-post tt-post-two-col-item type-3 col-sm-3 col-md-3 post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics relatedsingle"> <div class="tt-post-inner"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/fears-of-chinas-japanization-weigh-on-asia-economic-outlook"> <img width="537" height="307" style="height:103px;" src="https://www.asiafinancial.com/wp-content/uploads/2023/09/Chinas-Xi-seen-on-giant-screen-Rs-300x200.jpg" class="img-responsive wp-post-image" alt="Fears of China's 'Japanization' Weigh On Asia Economic Outlook"> </a> <div class="tt-post-info"> <div class="tt-post-label"> <div class="simple-text"> <a href="https://www.asiafinancial.com/fears-of-chinas-japanization-weigh-on-asia-economic-outlook">Fears of China's 'Japanization' Weigh On Asia Economic Outlook</a> </div>  </div> </div> </div> <div class="marg-lg-b30"></div> </div><div class="tt-post tt-post-two-col-item type-3 col-sm-3 col-md-3 post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics relatedsingle"> <div class="tt-post-inner"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/economic-risks-mount-for-asia-as-israel-declares-war-on-hamas"> <img width="537" height="307" style="height:103px;" src="https://www.asiafinancial.com/wp-content/uploads/2023/10/rei-300x200.jpg" class="img-responsive wp-post-image" alt="Economic Risks Mount for Asia as Israel Declares War on Hamas"> </a> <div class="tt-post-info"> <div class="tt-post-label"> <div class="simple-text"> <a href="https://www.asiafinancial.com/economic-risks-mount-for-asia-as-israel-declares-war-on-hamas">Economic Risks Mount for Asia as Israel Declares War on Hamas</a> </div>  </div> </div> </div> <div class="marg-lg-b30"></div> </div> </div> </div>  </div> </div> <div class="col-md-4"> <div><a href="https://www.asiafinancial.com/newsletter"><img src="https://www.asiafinancial.com/wp-content/uploads/2021/10/340x170-article-page.png" alt="logo"></a></div> <div class="marg-lg-b20"></div> <div class="asia-letest"> <h2 class="heading"><a href="#"><span>Asia</span> </a> </h2> <div class="marg-lg-b20"></div> <div class="tt-post tt-post-two-col-item type-3 col-sm-12 col-md-12 post-434 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <div class="tt-post-inner"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/adani-scandal-ups-risk-to-global-banks-indias-renewables-push"> <img width="537" style="height:150px;" src="https://www.asiafinancial.com/wp-content/uploads/2024/11/rei-copy-22-300x200.jpg" class="img-responsive wp-post-image" alt="Adani Scandal Ups Risk to Global Banks, India’s Renewables Push"> </a> <div class="tt-post-info"> <div class="tt-post-info"> <a style="font-size:15px;" class="tt-post-title c-h6" href="https://www.asiafinancial.com/adani-scandal-ups-risk-to-global-banks-indias-renewables-push">Adani Scandal Ups Risk to Global Banks, India’s Renewables Push</a> <div class="tt-post-label"> <span class="tt-post-author-name"><a href="#">Vishakha Saxena</a></span> <span class="tt-post-date">22 Nov 2024</span></div> </div> </div> </div> <div class="marg-lg-b30"></div> </div> <div class="clear"></div> <div class="custom-sidebar sidebar-item widget widget_recent_posts_entries"> <ul class="tt-post-list dark"><li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/china-expands-visa-free-entry-to-nine-more-countries-ap"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2024/11/China-tourists-Rs-300x200.jpg" class="img-responsive wp-post-image" alt="China Expands Visa-Free Entry to Nine More Countries – AP"> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/china-expands-visa-free-entry-to-nine-more-countries-ap">China Expands Visa-Free Entry to Nine More Countries – AP</a> <span class="tt-post-date">22 Nov 2024</span> </div> </div> </li><li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/cop29-finance-deal-aims-for-250bn-from-wealthy-nations"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2024/11/COP29-convention-centre-in-Baku-Rs-300x187.jpeg" class="img-responsive wp-post-image" alt="COP29 Finance Deal Aims For $250bn From Wealthy Nations"> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/cop29-finance-deal-aims-for-250bn-from-wealthy-nations">COP29 Finance Deal Aims For $250bn From Wealthy Nations</a> <span class="tt-post-date">22 Nov 2024</span> </div> </div> </li><li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/us-seeks-review-changes-to-undersea-telecom-cable-rules"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2023/04/Workers-install-the-2Africa-undersea-cable-on-the-beach-in-Amanzimtoti-Rs-300x227.jpeg" class="img-responsive wp-post-image" alt="US Seeks Review, Changes to Undersea Telecom Cable Rules"> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/us-seeks-review-changes-to-undersea-telecom-cable-rules">US Seeks Review, Changes to Undersea Telecom Cable Rules</a> <span class="tt-post-date">22 Nov 2024</span> </div> </div> </li></ul></div> </div>  <div id="subscribe"></div> <div class="clear"></div> <div class="tt-newsletter" style="margin:15px 0 15px 0;"> <div class="klaviyo-form-U4u3kX"></div> </div> <div class="clear"></div> <div class="sidebar-ad" style="margin:15px 0 15px 0;"> <div id='div-gpt-ad-sidebar_2'> <div data-onpage=true data-adpath="/339474670,22668885096/ATimesFin/sidebar_1"></div> </div> </div> <div class="tab-sec" style="margin:15px 0 15px 0;"> <ul class="tabs"> <li class="tab-link active-current" style="border-right:0px;" data-tab="tab-1">Popular News</li>  </ul> <div id="tab-1" class="tab-content active-current"> <div class="custom-sidebar sidebar-item widget widget_recent_posts_entries"> <ul class="tt-post-list dark"> <li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/china-russia-trade-booms-as-war-forces-moscow-to-look-east"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2022/04/Containers-are-seen-at-Yangshan-deepwater-port-in-Shanghai-Oct-19-2020.-RtrsAly-Song-e1657701034644.jpg" class="img-responsive wp-post-image" alt="China-Russia Trade Booms as War Forces Moscow to Look East"> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/china-russia-trade-booms-as-war-forces-moscow-to-look-east">China-Russia Trade Booms as War Forces Moscow to Look East</a> <div class="tt-post-cat"> 10 Jun 2022 </div> </div> </div> </li><li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/iran-wants-new-currency-for-china-bloc-with-30-of-global-gdp"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2021/05/china_iran_foreign_ministers_wang_yi_left_and_m_mad_zarif_javad_after_signing__Ef9lSZ6.jpg" class="img-responsive wp-post-image" alt="Iran Wants New Currency for China Bloc With 30% of Global GDP"> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/iran-wants-new-currency-for-china-bloc-with-30-of-global-gdp">Iran Wants New Currency for China Bloc With 30% of Global GDP</a> <div class="tt-post-cat"> 07 Jun 2022 </div> </div> </div> </li><li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/china-youth-unemployment-to-hit-23-bank-of-america-says"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2021/05/china_jobs_fair.jpg" class="img-responsive wp-post-image" alt="China Youth Unemployment to Hit 23%, Bank of America Says"> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/china-youth-unemployment-to-hit-23-bank-of-america-says">China Youth Unemployment to Hit 23%, Bank of America Says</a> <div class="tt-post-cat"> 06 Jun 2022 </div> </div> </div> </li><li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/china-seizing-hi-tech-share-from-us-in-win-lose-battle"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2021/05/china_high_tech_workers_in_suits-e1677752255610.jpg" class="img-responsive wp-post-image" alt="China Seizing Hi-Tech Share From US in ‘Win-Lose’ Battle"> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/china-seizing-hi-tech-share-from-us-in-win-lose-battle">China Seizing Hi-Tech Share From US in ‘Win-Lose’ Battle</a> <div class="tt-post-cat"> 08 Jun 2022 </div> </div> </div> </li><li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/xi-jinping-rails-against-sanctions-in-boao-forum-speech"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2022/01/000_1681X3-compressed-scaled-e1647483232636.jpg" class="img-responsive wp-post-image" alt="Xi Jinping Rails Against Sanctions in Boao Forum Speech"> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/xi-jinping-rails-against-sanctions-in-boao-forum-speech">Xi Jinping Rails Against Sanctions in Boao Forum Speech</a> <div class="tt-post-cat"> 21 Apr 2022 </div> </div> </div> </li> </ul>  </div> </div> <div id="tab-2" class="tab-content"> <div class="custom-sidebar sidebar-item widget widget_recent_posts_entries"> <ul class="tt-post-list dark"> </ul>  </div> </div> </div> <div style="margin:15px 0 15px 0;"> <div id='div-gpt-ad-sidebar_1'> <div data-onpage=true data-adpath="/339474670,22668885096/ATimesFin/sidebar_2"></div> </div> </div> </div> </div> </div> </div> <div class="empty-space tt-page-margin-top marg-lg-b30 marg-sm-b30"></div> <div class="advertbx mid-ad-bg"> <div class="container"> <div class="row"> <div class="col-md-12"> <div class="bottom-ads">   <div id='div-gpt-ad-leaderboard_2'> <div data-onpage=true data-adpath="/339474670,22668885096/ATimesFin/leaderboard_1"></div> </div> </div> </div> </div> </div> </div>  <div class="tt-footer"> <div class="container"> <div class="row"> <div class="col-md-6 col-sm-6 col-1"> <div class="row"> <div class="ft-box col-md-4 col-sm-6 col-1"> <div class="ft-titel tt-title-block-2">ABOUT AF</div> <ul> <li><a href="https://www.asiafinancial.com/asia-financial-news-group">Asia Financial News Group</a></li> <li><a href="https://www.asiafinancial.com/asia-financial-index-group">Asia Financial Index Group</a></li> <li><a href="https://www.capitallinkintl.com/" target="_blank">Capital Link International</a></li> <li><a href="https://www.asiafinancial.com/ads-and-partnerships">Ads and Partnerships</a></li> <li><a href="https://www.asiafinancial.com/about-us">About Us</a></li> </ul> </div> <div class="ft-box col-md-4 col-sm-6 col-1"> <div class="ft-titel tt-title-block-2">RESOURCES</div> <ul> <li><a href="https://www.asiafinancial.com/index-tools">Index Tools</a></li> <li><a href="https://www.asiafinancial.com/newsletter">Newsletters</a></li> <li><a href="https://www.asiafinancial.com/your-af">Your AF</a></li> <li><a href="https://www.asiafinancial.com/careers">Careers</a></li> <li><a href="https://www.asiafinancial.com/contact-us">Contact Us</a></li> </ul> </div> <div class="ft-box col-md-4 col-sm-6 col-1"> <div class="ft-titel tt-title-block-2">LEGAL + PRIVACY</div> <ul> <li><a href="https://www.asiafinancial.com/copyright">Copyright</a></li> <li><a href="https://www.asiafinancial.com/legal-privacy">Legal & Privacy</a></li> <li><a href="https://www.asiafinancial.com/terms-conditions">Terms & Conditions</a></li> <li><a href="https://www.asiafinancial.com/privacy-policy">Privacy Policy</a></li> <li><a href="https://www.asiafinancial.com/cookies">Cookies</a></li> </ul> </div> </div> <div class="row"> <div class="empty-space marg-lg-b30"></div> <div class="col-md-6 col-sm-6 col-1"> <div class="textwidget"> <div class="footer-logo"><img src="https://www.asiafinancial.com/wp-content/themes/atf/images/asia-financial-logo.png"></div> </div> </div> <div class="col-md-6 col-sm-6 col-1"> <div class="textwidget"> <div class="footer-logo"><img src="https://www.asiafinancial.com/wp-content/themes/atf/images/asia-financial-logo2.png"></div> </div> </div> <div class="empty-space marg-xs-b30"></div> </div> </div> <div class="col-md-3 col-sm-6 col-3"> <div id="recent-posts-3" class="widget tt-footer-list footer_widget widget_recent_posts_entries"> <h5 class="tt-title-block-2">Must Read</h5> <div class="empty-space marg-lg-b5"></div> <ul class="tt-post-list dark"> <li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/adani-scandal-ups-risk-to-global-banks-indias-renewables-push"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2024/11/rei-copy-22.jpg" class="img-responsive wp-post-image" alt=""/> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/adani-scandal-ups-risk-to-global-banks-indias-renewables-push">Adani Scandal Ups Risk to Global Banks, India’s Renewables Push</a> <div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/world" rel="category tag">World</a></div> </div> </div> </li><li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/us-seeks-review-changes-to-undersea-telecom-cable-rules"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2023/04/Workers-install-the-2Africa-undersea-cable-on-the-beach-in-Amanzimtoti-Rs.jpeg" class="img-responsive wp-post-image" alt=""/> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/us-seeks-review-changes-to-undersea-telecom-cable-rules">US Seeks Review, Changes to Undersea Telecom Cable Rules</a> <div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/world" rel="category tag">World</a></div> </div> </div> </li><li> <div class="tt-post type-7 dark clearfix post-586 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/chinas-huawei-smic-to-ramp-production-of-newest-ai-chip"> <img width="80" height="80" src="https://www.asiafinancial.com/wp-content/uploads/2023/09/3.jpg" class="img-responsive wp-post-image" alt=""/> </a> <div class="tt-post-info"> <a class="tt-post-title c-h6" href="https://www.asiafinancial.com/chinas-huawei-smic-to-ramp-production-of-newest-ai-chip">China’s Huawei, SMIC ‘to Ramp Production’ of Newest AI Chip</a> <div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/world" rel="category tag">World</a></div> </div> </div> </li> </ul> </div> <div class="empty-space marg-xs-b30"></div> </div> <div class="col-md-3 col-sm-6 col-4"> <div id="tag_cloud-7" class="widget tt-footer-list footer_widget widget_tag_cloud"> <h5 class="tt-title-block-2">Tags</h5> <div class="empty-space marg-lg-b20"></div> <div class="tagcloud"><a href="https://www.asiafinancial.com/tag/china" class="tag-cloud-link tag-link-31 tag-link-position-1" style="font-size: 8pt;" aria-label="All (13 items)"> China</a> <a href="https://www.asiafinancial.com/tag/bonds" class="tag-cloud-link tag-link-29 tag-link-position-2" style="font-size: 8pt;" aria-label="Health (13 items)">Bonds</a> <a href="https://www.asiafinancial.com/tag/us" class="tag-cloud-link tag-link-28 tag-link-position-3" style="font-size: 8pt;" aria-label="Politics (13 items)">US</a></div> </div> <div id="tag_cloud-2" class="widget tt-footer-list footer_widget widget_tag_cloud"> <h5 class="tt-title-block-2">Categories</h5> <div class="empty-space marg-lg-b20"></div> <div class="tagcloud"> <a href="https://www.asiafinancial.com/af-indexes" class="tag-cloud-link tag-link-30 tag-link-position-1" style="font-size: 8pt;" aria-label="Business (4 items)">AF Indexes</a> <a href="https://www.asiafinancial.com/markets" class="tag-cloud-link tag-link-30 tag-link-position-1" style="font-size: 8pt;" aria-label="Business (4 items)">Markets</a> <a href="https://www.asiafinancial.com/fintech" class="tag-cloud-link tag-link-30 tag-link-position-1" style="font-size: 8pt;" aria-label="Business (4 items)">Fintech</a> <a href="https://www.asiafinancial.com/energy" class="tag-cloud-link tag-link-30 tag-link-position-1" style="font-size: 8pt;" aria-label="Business (4 items)">Energy</a> <a href="https://www.asiafinancial.com/transport" class="tag-cloud-link tag-link-30 tag-link-position-1" style="font-size: 8pt;" aria-label="Business (4 items)">Transport</a> <a href="https://www.asiafinancial.com/health" class="tag-cloud-link tag-link-30 tag-link-position-1" style="font-size: 8pt;" aria-label="Business (4 items)">Health</a> <a href="https://www.asiafinancial.com/regions" class="tag-cloud-link tag-link-30 tag-link-position-1" style="font-size: 8pt;" aria-label="Business (4 items)">Regions</a> <a href="https://www.asiafinancial.com/opinion" class="tag-cloud-link tag-link-30 tag-link-position-1" style="font-size: 8pt;" aria-label="Business (4 items)">Opinion</a> </div> </div> <div class="empty-space marg-xs-b30"></div> </div> <div class="col-md-12"> <div class="empty-space marg-lg-b60 marg-sm-b50 marg-xs-b30"></div> </div> </div> </div> <div class="tt-footer-copy"> <div class="container"> <div class="row"> <div class="col-md-6 col-sm-6 col-1"> <div class="ft-titel tt-title-block-2">DISCLAIMER</div> <p></p> </div> <div class="col-md-3 col-sm-6 col-1"> <p>Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com</p> </div> <div class="col-md-3 col-sm-6 col-1"> <img src="https://www.asiafinancial.com/wp-content/themes/atf/images/capital-link.png"> </div> </div> </div> </div> </div> </div> </div>  <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script type='text/javascript'> document.addEventListener( 'wpcf7mailsent', function( event ) { if( "fb_pxl_code" in event.detail.apiResponse){ eval(event.detail.apiResponse.fb_pxl_code); } }, false ); </script>  <div id='fb-pxl-ajax-code'></div><script type='text/javascript' src='https://www.asiafinancial.com/wp-content/plugins/metronet-profile-picture/js/mpp-frontend.js?ver=2.6.3' id='mpp_gutenberg_tabs-js'></script> <script type='text/javascript' src='https://www.asiafinancial.com/wp-includes/js/wp-embed.min.js?ver=5.8.10' id='wp-embed-js'></script> <script type='text/javascript'> /* <![CDATA[ */ var wpcf7 = { "apiSettings": { "root": "https:\/\/www.asiatimesfinancial.com\/demo\/magplus\/newspro\/wp-json\/contact-form-7\/v1", "namespace": "contact-form-7\/v1" }, "cached": "1" }; /* ]]> */ </script> <script type='text/javascript'> /* <![CDATA[ */ var woocommerce_params = { "ajax_url": "\/demo\/magplus\/newspro\/wp-admin\/admin-ajax.php", "wc_ajax_url": "\/demo\/magplus\/newspro\/?wc-ajax=%%endpoint%%" }; /* ]]> */ </script> <script type='text/javascript'> /* <![CDATA[ */ var wc_cart_fragments_params = { "ajax_url": "\/demo\/magplus\/newspro\/wp-admin\/admin-ajax.php", "wc_ajax_url": "\/demo\/magplus\/newspro\/?wc-ajax=%%endpoint%%", "cart_hash_key": "wc_cart_hash_21b96ebe847cb2610b7f3957862072a8", "fragment_name": "wc_fragments_21b96ebe847cb2610b7f3957862072a8", "request_timeout": "5000" }; /* ]]> */ </script> <script type='text/javascript'> /* <![CDATA[ */ var magplus_ajax = { "ajaxurl": "https:\/\/www.asiatimesfinancial.com\/demo\/magplus\/newspro\/wp-admin\/admin-ajax.php", "siteurl": "https:\/\/www.asiatimesfinancial.com\/demo\/magplus\/newspro\/wp-content\/themes\/magplus", "nonce": "8db882ff64" }; /* ]]> */ </script> <script type='text/javascript'> /* <![CDATA[ */ var newsletter = { "messages": { "email_error": "The email is not correct", "name_error": "The name is not correct", "surname_error": "The last name is not correct", "profile_error": "A mandatory field is not filled in", "privacy_error": "You must accept the privacy statement" }, "profile_max": "20" }; /* ]]> */ </script> <script> (function() { var indeces = [ { key: "ALLIBL50", name: "Financials China Onshore Bond Index" }, { key: "KOINTR", name: "Policy Bank Bonds China Onshore" }, { key: "EKARTR", name: "Enterprises (SOE) China Onshore" } /* { key: "ALLILOGO10", name: "Local Government Bond from Chinese Provincial Governments" }, */ ]; fetchAllindex(function(rawData) { var data = parseData(rawData) // populateContent(data); //animate(); }); function fetchAllindex(cb) { var indexPathSegment = indeces .map(function(i) { return i.key; }) .join(","); var xhr = new XMLHttpRequest(); xhr.open( "GET", "https://tool.allindex.com/api/index/" + indexPathSegment + "/performance/key/" ); /* xhr.setRequestHeader( "Authorization", "Api-Key bDk4pQv6.JXg2IrxRxNR8eRckXecyORMzmxDKSIcK" ); */ xhr.setRequestHeader( "X-Api-Key", "3QXcuRq6.hCAyMdB1GD1cbSqfdoGHDeQy5bxa5u5C" ); xhr.onload = function(e) { var data = JSON.parse(xhr.response); cb(data); }; xhr.send(); window.xhr = xhr; } function parseData(rawData) { var parsedData = []; var headstr = '<li style="margin-right: 5px;">AF Indexes -</li>'; var mobistr = '<li style="margin-right: 5px;">AF Indexes -</li>'; var counter = 0; for (var index of indeces) { var name = index.name; var key = index.key; var datum = rawData[key]; var change = (datum.level_T - datum.level_T_minus_1); var percentChange = ((datum.level_T - datum.level_T_minus_1) / datum.level_T_minus_1) * 100; var isPositive = change >= 0; var formatprecentage = (isPositive ? '+' : '') + percentChange.toFixed(2) + '%'; var border = '1px solid #8ac53e'; if ( ! isPositive ) { border = '1px solid red'; } text = 'value' if ( index.key == 'ALLIBL50' ) { text = 'AF China Bond'; } else if ( index.key == 'KOINTR' ) { text = 'AF Global Fintech'; } else if ( index.key == 'EKARTR' ) { text = 'AF Global EV'; } else { if ( text == '' ) { text = index.key; } } headstr += '<li style><a style="color:#fff; font-weight:400;" href="https://www.asiafinancial.com/asia-financial-index-group">'+ text +'</a><span style="border:'+ border +'">'+ formatprecentage +'</span></li>'; if ( counter == 0 ) { mobistr += '<li style><a style="color:#fff; font-weight:400;" href="https://www.asiafinancial.com/asia-financial-index-group">'+ text +'</a><span style="border:'+ border +'">'+ formatprecentage +'</span></li>'; } parsedData.push({ name: name, key: key, level: datum.level_T, change: change, percentChange: percentChange, formattedLevel: datum.level_T.toFixed(3), formattedChange: (isPositive ? '+' : '') + change.toFixed(2), formattedPercentChange: (isPositive ? '+' : '') + percentChange.toFixed(2) + '%', isPositive: isPositive, currentLevel: datum.level_T, previouLevel: datum.level_T_minus_1, }); counter++; } //jQuery("#top-list ul").append(headstr + '<li><a href="https://www.marketaxess.com/?utm_source=Asia_Times_Financial&utm_medium=Logo_Sponsorship&utm_campaign=ALM" target="_blank"><img src="https://www.asiafinancial.com/wp-content/uploads/2021/05/logo-market-access.jpg"></a></li>'); jQuery("#top-list ul").append(headstr); //jQuery("#top-list-mobi ul").append(mobistr + '<li><a href="https://www.marketaxess.com/?utm_source=Asia_Times_Financial&utm_medium=Logo_Sponsorship&utm_campaign=ALM" target="_blank"><img src="https://www.asiafinancial.com/wp-content/uploads/2021/05/logo-market-access.jpg"></a></li>'); jQuery("#top-list-mobi ul").append(mobistr); //return parsedData; } function populateContent(data) { const containerEl = document.querySelector( "section.marquee .marquee-items" ); for (var index of data) { // Create HTML elements var indexEl = document.createElement("li"); indexEl.classList.add("marquee-item"); indexEl.classList.add(index.isPositive ? 'marquee-item-positive' : 'marquee-item-negative'); var nameEl = document.createElement("div"); nameEl.classList.add("marquee-item-name"); nameEl.innerText = index.name + ' (' + index.key + ')'; var valueEl = document.createElement("div"); valueEl.classList.add("marquee-item-value"); valueEl.innerText = index.formattedLevel; var changeEl = document.createElement('div'); changeEl.classList.add('marquee-item-change') changeEl.innerText = index.formattedChange + ' (' + index.formattedPercentChange + ')'; // Append HTML elements to the DOM containerEl.appendChild(indexEl); indexEl.appendChild(nameEl); indexEl.appendChild(valueEl); indexEl.appendChild(changeEl); } } // Repeat elements and animate function animate() { const sections = document.querySelectorAll( "section.marquee:not([data-animation-started])" ); for (let section of sections) { section.dataset.animationStarted = true; const content = section.querySelector(".marquee-content"); const list = content.children[0]; // Clone and append list items n times. const n = 10; const l = list.children.length; for (let i = 0; i < l * n; i++) { list.appendChild(list.children[i % l].cloneNode(true)); } setTimeout(() => { const speed = 0.04; // px/ms const distance = section.scrollWidth; const duration = distance / speed; const animation = content.animate( [ // keyframes { transform: "translateX(0px)" }, { transform: `translateX(-${distance}px)` } ], { // timing options duration: duration, iterations: Infinity } ); section.onmouseenter = () => animation.pause(); section.onmouseleave = () => animation.play(); }, 50); } } })();</script> <script type="text/javascript"> $( '.cmn-mobile-switch' ).click( function() { $( '.tt-mobile-block' ).toggleClass( 'active' ); $( '#content-wrapper' ).toggleClass( 'active' ); return false; } ); $( '.tt-mobile-close' ).click( function() { $( '.tt-mobile-block' ).toggleClass( 'active' ); $( '#content-wrapper' ).toggleClass( 'active' ); return false; } ); </script> </body> </html>