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Latest: Asia Stock Market News

China Evergrande Facing Potential Wind-up Hearing on Monday
China Evergrande Facing Potential Wind-up Hearing on Monday

A Hong Kong Court is due to hear applications on Monday to wind up the world's most indebted developer in what may be one of the biggest and most complex liquidation cases ever.

China EV Firms Can Destroy Rivals Without Trade Barriers: Musk
China EV Firms Can Destroy Rivals Without Trade Barriers: Musk

"Our observation is generally that the Chinese car companies are the most competitive car companies in the world," the Tesla chief said at a post-earnings call

Bid to Help China Property Groups Lifts Shares ‘But May Not Work’
Bid to Help China Property Groups Lifts Shares ‘But May Not Work’

Move to relax lending rules seen as unlikely to have a significant impact because banks won't lend to private developers unless they're forced to, analysts say

ASML Sees Hit From US Chip Curbs But Could Enjoy 2025 Boom
Hang Seng Rallies on China Boost, Nikkei U-Turns After Tech Lift
Chinese Investors Keen on Banned Crypto, as Stocks Lost Value
Pressure on Evergrande as Bondholders Join Liquidation Petition
Jack Ma Snaps Up Alibaba Stock to Become its Largest Shareowner
Data Centres, AI, Crypto Spurring Power Demand in Asia – IEA
Hang Seng Soars on Stimulus Bets, Nikkei Dips on Profit-Taking

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Markets: 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