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China software maker Linkage falls to near 4-month low on Sino-Japan spat

ReutersNov 17, 2025 2:10 AM

Shares of Chinese software maker Linkage 688588.SS, which derives most of its sales from Japan, fall 4% to their lowest level since July 24

Geopolitical tensions between China and Japan escalated over the weekend as Beijing warned Tokyo of a "crushing" defeat and asked Chinese citizens to shun visits

The row erupted after Japan Prime Minister Sanae Takaichi told Japanese lawmakers that a Chinese attack on Taiwan could threaten Japan's survival and potentially trigger a military response, something officials had long avoided airing in public for fear of provoking Beijing, which claims the self-ruled island

Airline stocks also face an impact as Chinese tourists cancelled their trips

Mainland-listed shares of Air China 601111.SS and China Eastern 600115.SS down 2% each in early trade before reversing some losses

The CSI Defense Index .CSI399973 up 1.8%

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