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Latest: Asia Stock Market News

China’s Metaverse Group Admits 17 New Companies
China’s Metaverse Group Admits 17 New Companies

The state-backed China Mobile Communications Association launched the panel in October, and analysts say the country's metaverse will be subject to more control than elsewhere

Hong Kong Sees Gains for Long-Term Asset Markets
Hong Kong Sees Gains for Long-Term Asset Markets

The study finds that demographic trends alone will result in an overall 15% increase in the demand for long-term assets from 2020 to 2049

Hillhouse Unit Backs New Energy Vehicles – Caixin
Hillhouse Unit Backs New Energy Vehicles – Caixin

The adjustments to its investments, revealed in a Securities and Exchange Commission filing, reflect investor concerns about the Chinese tech sector

China’s Foreign Inflows Rise 11.6% in January – Xinhua
Asian Stocks Retreat But Easing Ukraine Tensions Lift Europe
China Developers’ Bonds Extend Slide on Repayment Concerns
Yuan Up But Depreciation Pressure Rising, Worry on Asian Currencies
Musk Donated Tesla Shares Worth $5.7bn to Charity in November
Asia Markets On Edge As Ukraine And Inflation Fears Weigh
Himalaya Yogi Ran India’s Top Bourse Like A Puppet Master: Regulator

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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