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Latest: Asia Stock Market News


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China Bans CCP Officials From Private Equity Investments – FT
China Bans CCP Officials From Private Equity Investments – FT

The ban follows the anti-graft agency uncovering cases of officials providing benefits to groups they invested in via private-equity funds, according to state media

China Sees First-Ever Foreign Investment Deficit in July-Sept
China Sees First-Ever Foreign Investment Deficit in July-Sept

Foreign firms are said to have pulled $160 billion out of the country over the past year and a half, with companies drawn to higher interest rates and more appealing investment destinations

South Korea to Ban Short-Selling Until June 2024 Starting Monday
South Korea to Ban Short-Selling Until June 2024 Starting Monday

The ban is aimed at promoting a "level playing field" for retail and institutional investors, South Korean financial authorities said

China to Issue More Government Bonds to Tackle Debt Crisis
China EV Giant BYD to Build First Europe Plant in Hungary – FAS
China to Drive Development of AI, Robots to Boost Growth – SCMP
Former VP of China’s Biggest Bank Latest to Face Graft Probe
China Turns Focus on Rare Earths Sector Amid Trade War with US
Foxconn Says $25bn China Tax Payment ‘Rumour’ Hurt Reputation
Many Crypto Court Battles Queued up Behind Bankman-Fried

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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