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Latest: Asia Stock Market News

China EV Stocks Plummet as Perfect Storm Batters Industry
China EV Stocks Plummet as Perfect Storm Batters Industry

Asia Financial's China Electric Vehicles Index, which tracks 14 leading electric car makers, slumped 13% in March and is down 26% so far this year.

Tesla to Seek Shareholder Nod for Stock Split; Shares Surge
Tesla to Seek Shareholder Nod for Stock Split; Shares Surge

A stock split by Tesla would be its second since 2020, and would follow stock split announcements by other major US firms in recent years

Hong Kong Market, IPOs Hurt by Geopolitics, Bourse CEO Says
Hong Kong Market, IPOs Hurt by Geopolitics, Bourse CEO Says

China-US tensions, the war in Ukraine, plus the tightened regulatory environment and inflation concerns have weighed heavily on markets, HKEX CEO Nicolas Aguzin said

Ukraine Sanctions Risk Puts China Stocks in Valuation Trap – SCMP
Has Citi Made Right Choices in Asia? – Euromoney
Woodside Backs Gates on Concentrated-Solar-Power Trial
Huawei Records First Ever Revenue Slump as US Sanctions Bite
Sea E-Commerce Arm Shopee to Shut Down India Operations
Shanghai Lockdown Hits Asia Stocks But Hong Kong Tech Gains
Japan to Revise Forex Law to End Crypto Sanctions Loophole

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