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Latest: Asia Stock Market News

Hang Seng Dips on China Worry, Nikkei Inches Up on BoJ Hopes
Hang Seng Dips on China Worry, Nikkei Inches Up on BoJ Hopes

Hong Kong's benchmark saw the biggest losses in Asia with China's Politburo meeting announcing no new detailed efforts to boost the world's second-biggest economy

Beijing Funded Huawei Comeback With $6bn Support in 2023 – WSJ
Beijing Funded Huawei Comeback With $6bn Support in 2023 – WSJ

Huawei Technologies had received more than $1 billion in government grants last year, plus government procurement contracts worth around $5 billion, according to a new report

EU Denies Backing China Proposal to End Ukraine War – SCMP
EU Denies Backing China Proposal to End Ukraine War – SCMP

The European Union has denied claims by China that its top diplomat Josep Borrell "attached great importance" to a Sino-Brazilian statement on ending the war in Ukraine

China Tightens Focus on Tech Innovation, ‘New Productive Forces’
SpaceX Discussing Possible Rocket Landing Off Australia
India Not About to Drop Ban on Chinese Investment: Trade Minister
Big Tech’s Lofty Valuations Spark Bruising Selloff Fears
OpenAI’s ‘$8.5 Billion Bills’ Report Sparks Bankruptcy Speculation
China’s Cosco Shipping, Fortescue Eyeing Ammonia-Fuelled Ships
Vietnam Enjoys Big Jump in Exports, Industrial Production

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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