The CSI 300 benchmark index of Shanghai and Shenzhen-listed shares rose 1.9% on Friday to end the week at its highest level since June 2015. Despite recent events in China, Hong Kong and Taiwan implying higher risk, investors do not seem to care. We acknowledge that maybe the events were expected, but we smell a whiff of consensus complacency.

Indian food delivery giant Zomato is still waiting for Delhi to approve cUS$100mn in funding from its minority shareholder, China's Ant Financial, says the FT. India brought in stricter rules on foreign investment in its firms in April. We said in our research on the food delivery sector that investors increasingly need to identify the firms with the strongest cash sustainability prospects.

The Ugandan start-up Beyonic launched seven years ago and gives enterprises access to 26 digital payment networks and over 20 banks in nine countries through a single sign-on. Our Ultimate Guide to African Fintech lists the start-ups across the continent and identifies their niches, unique success factors and future plans.

According to the FT, Joe Biden and the Democratic National Committee raised a record US$141mn in June, US$10m more than Donald Trump and the Republican National Committee, as the pandemic and protests ramp up the heat. We take a look at the implications of a Biden presidency for emerging markets.

Argentina's creditor negotiations have dragged out. We said in our research that the Ad Hoc/EBG group appeared to be further from the government than the ACC et al group. Some of the funds in the ACC alliance are now reported to be willing to pursue a lower value deal than the group has proposed, according to Reuters.