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Latest: Asia Stock Market News

Hong Kong Market, IPOs Hurt by Geopolitics, Bourse CEO Says
Hong Kong Market, IPOs Hurt by Geopolitics, Bourse CEO Says

China-US tensions, the war in Ukraine, plus the tightened regulatory environment and inflation concerns have weighed heavily on markets, HKEX CEO Nicolas Aguzin said

Ukraine Sanctions Risk Puts China Stocks in Valuation Trap – SCMP
Ukraine Sanctions Risk Puts China Stocks in Valuation Trap – SCMP

What investors cannot price is the risk of sanctions on China’s biggest companies, SCMP reported

Has Citi Made Right Choices in Asia? – Euromoney
Has Citi Made Right Choices in Asia? – Euromoney

Since Citi announced the sale of its consumer businesses across most of Asia, Euromoney has asked: if you think you can do better with the capital elsewhere, fine

Woodside Backs Gates on Concentrated-Solar-Power Trial
Huawei Records First Ever Revenue Slump as US Sanctions Bite
Sea E-Commerce Arm Shopee to Shut Down India Operations
Shanghai Lockdown Hits Asia Stocks But Hong Kong Tech Gains
Japan to Revise Forex Law to End Crypto Sanctions Loophole
China Industrial Profits Rise in January-February
China Backs Bond Issues by Private Firms as Virus Hurts Economy

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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