Here's your summary from Bloomberg Markets: Asia 07/11/2024 (https://www.youtube.com/watch?v=pAbx68IImeo) on the Bloomberg Television channel:
### TLDR:
Asian stocks are rallying on tech-driven momentum from Wall Street, with a focus on US inflation, China's crackdown on short sellers, and President Biden's political challenges.
### Key Points:
1. Asian markets are echoing the US rally, driven by tech stocks like Apple and chip suppliers like TSMC.
2. President Biden faces scrutiny from Senate Democrats as he navigates political challenges and public appearances.
3. Thai entertainment platform Gem Music sells a stake to Tencent, valuing the company at $700 million, amid plans for an IPO.
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