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Latest: Fintech News

Top China Livestreamer Li’s Absence Extends to a Week
Top China Livestreamer Li’s Absence Extends to a Week

Li Jiaqi was considered to be the last surviving top-tier livestreaming influencer after his biggest rival Viya (Huang Wei) was shut down over tax evasion in December

China’s Zeng Teams Up With Ex-Credit Suisse Boss Thiam – FT
China’s Zeng Teams Up With Ex-Credit Suisse Boss Thiam – FT

Thiam's Freedom Acquisition I Corporation has parted ways with Pimco, which offloaded its stake to Next G, an affiliate of Zeng’s advisory firm China Bridge Capital

Retailer Purplle Becomes India’s Latest Unicorn – Deal Street Asia
Retailer Purplle Becomes India’s Latest Unicorn – Deal Street Asia

Online beauty products retailer Purplle has become the latest Indian startup to become a "unicorn" after being valued at $1.1 billion, Deal Street Asia reported

Ant Group Said to Revive IPO in Latest Sign of Easing Tech Crackdown
Tencent to Release Flagship Game ‘Honor of Kings’ Globally
US Says Chinese Hackers `Compromise’ Major Telecom Firms
Starlink to Shake Up Southeast Asian Satellite Market – Nikkei
Korean Police Launch Probe Into Stablecoin Crash – FT
Stablecoin Assets Decline for First Time, Says Fitch Ratings
Didi Seen in Talks For Stake in China EV Maker Sinomach

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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors