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Latest: Asia Stock Market News

China Stocks Hammered as Covid, Sanction Risks Hit Sentiment
China Stocks Hammered as Covid, Sanction Risks Hit Sentiment

China stocks slumped to 21-month lows, while mainland firms listed in Hong Kong sank to levels not seen since 2008.

Indonesia’s GoTo Kicks Off $1.3bn IPO in Booming Sector
Indonesia’s GoTo Kicks Off $1.3bn IPO in Booming Sector

GoTo said it plans to sell up to 52 billion Series A shares and set a price range of 316 rupiah to 346 rupiah per share for the issue

China Great Wall Asset Management Gets Nod for $1.6bn Bonds
China Great Wall Asset Management Gets Nod for $1.6bn Bonds

Chinese state-owned firms are expected to buy more assets from cash-strapped private developers, analysts said, as Beijing steps up efforts to stabilise a crisis-hit sector

Reliance Buys Assets of Lithium Werks in Clean Energy Push
Spike in Lithium Prices May Throttle China’s EV Market – Caixin
Hang Seng Tumbles As Covid Lockdown Hits Tech Hub Shenzhen
SoftBank Sold $1 Billion Stake in Korea’s Coupang
India May Buy Discounted Russian Oil, Officials Say
China Stocks Slump On Coronavirus Spread, Weak Outlook
Elon Musk Sees Major Inflation Risks at Tesla, SpaceX

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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