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Latest: Asia Stock Market News

Asia Hedge Funds Dump JD.Com Stakes for Rival Pinduoduo
Asia Hedge Funds Dump JD.Com Stakes for Rival Pinduoduo

Analysts think the switch is down to a view that Pinduoduo's global ambitions and cheaper products give it an edge over JD.com's domestic business

US Regulators Seen Getting Good Access to Chinese Firms’ Books
US Regulators Seen Getting Good Access to Chinese Firms’ Books

China appears have made a key step forward in resolving a longstanding bilateral dispute, but sources say a broader review of work done by China-based auditors is still going on.

Tencent to Share $20bn Meituan Stake As Dividend Amid Job Cuts
Tencent to Share $20bn Meituan Stake As Dividend Amid Job Cuts

The news comes after China's biggest company reported a second straight quarterly sales drop, hit by the economic slowdown and China's regulatory crackdown.

Asia Stocks Slip as Poland Missile Attack Unnerves Markets
ASML Plans $181 Million Chip Centre in South Korea – Nikkei
PBOC Governor Yi, Janet Yellen Hold ‘Frank’ Meeting at G20
TikTok App Could Control US Users’ Devices, FBI Chief Says
Taiwan Slams ‘Rumours’ on Risks in Investing in its Chips
Indonesia’s Indika and Foxconn Mull EV Batteries with Thais
China Automaker BYD Pulls Plug on Semiconductor Unit IPO

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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