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Latest: Asia Stock Market News

China’s Top Bankers Sleep in Offices as Shanghai Locks Down
China’s Top Bankers Sleep in Offices as Shanghai Locks Down

Over 20,000 bankers, traders and other workers are bedding down in office towers in Lujiazui district as they bid to keep China's financial hub ticking through its Covid lockdown

Oil States Choose Weaker US Ties Over More Output – Barron’s
Oil States Choose Weaker US Ties Over More Output – Barron’s

Saudi and the UAE want the US to make policy concessions before they boost output to reduce global oil prices, analyst Greg Priddy says

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

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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