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Latest: Asia Stock Market News

Chinese Firms Flock to Switzerland as US Delisting Risks Loom
Chinese Firms Flock to Switzerland as US Delisting Risks Loom

Switzerland has less demanding audit requirements than the US, which is preparing to delist Chinese companies that have flouted its rules

Asia Markets Advance With Hang Seng Lifted by Alibaba Boost
Asia Markets Advance With Hang Seng Lifted by Alibaba Boost

Alibaba powered Hang Seng's rise with its share repurchase plan, while China Eastern shares fell after one of its planes crashed on Monday

Cryptocurrencies See Outflows for Second Straight Week
Cryptocurrencies See Outflows for Second Straight Week

The sector posted net outflows of $47 million in the week ended March 18, after experiencing outflows of $110 million the previous week

Tencent Music Sees Decline in Social Entertainment Revenue
Malaysia’s Farm Fresh Shares up 26% After $238m IPO
Alibaba Raises Share Buyback Size to a Record $25bn
Evergrande Units Say ‘Drastic Changes’ Will Delay 2021 Results
Asian Stocks Flat as Ukraine War Rages On, Oil Climbs
Saudi Arabia Back as China’s Top Crude Oil Supplier
China Approves Three Sci-tech Innovation IPOs – Xinhua

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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