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Latest: Asia Stock Market News

Asian Markets Retreat As Rate Rises And Omicron Weigh
Asian Markets Retreat As Rate Rises And Omicron Weigh

The Nikkei and Hang Seng indexes both fell back after the previous day’s rally with traders concerned about tapering, inflation and virus lockdowns returning

UK Regulator Fines HSBC $85m over Money Laundering Flaws
UK Regulator Fines HSBC $85m over Money Laundering Flaws

Lender failed to consider whether the scenarios used to identify indicators of money laundering or terrorist financing covered relevant risks

Bankers See China Rule Changes Reviving IPO Prospects in 2022
Bankers See China Rule Changes Reviving IPO Prospects in 2022

Regulators are mulling new rules for offshore listing plans by Chinese firms with VIE structures, while analysts expect dozens of US-listed firms to list in Hong Kong also

China Private Equity Pioneer TPG Plans IPO
Chinese Metal Producers Threaten Health of Millions – Caixin
Multinationals Back Investment in China – Xinhua
Asian Stocks Lifted By Fed’s Inflation Battle Plan
SenseTime Seen Planning $767m Hong Kong IPO Relaunch
Value of Japan Imports Reaches a 40-Year High in November
Reddit Confidentially Files for $15bn-Plus IPO

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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