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Latest: Asia Stock Market News

Reddit Confidentially Files for $15bn-Plus IPO
Reddit Confidentially Files for $15bn-Plus IPO

The San Francisco-based firm had retail investors flocking to its message boards for tips on trading GameStop and other meme stocks

Chinese Developer Shimao’s Bonds Soar as Regulators Offer Help
Chinese Developer Shimao’s Bonds Soar as Regulators Offer Help

A Shanghai Shimao Co bond that matures in January 2022 rose 11.7%, making it the top gainer on Shanghai Stock Exchange's corporate bond market

China Private Equity Tycoon Unseen for Two Weeks – Caixin
China Private Equity Tycoon Unseen for Two Weeks – Caixin

Wang Chaoyong, whose firm manages of more than $1.7 billion in assets, was sought by police on November 30 in Beijing

Beijing to Scrap Tariffs for Poorest Nations – China Daily
Asian Markets In Limbo With Traders Braced For Fed Pullback
Short Sellers Recoup Lost Ground on ‘Meme Stocks’
Uber CEO Intends to Sell Off Stake in Didi Global
China’s BeiGene Shares Plunge in Shanghai Debut
Asian Stocks Suffer As Omicron And Rate Hikes Loom
Elon Musk Urged to Pay Some Tax After Time Magazine Award

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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