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Latest: Asia Stock Market News

Didi to Delist From US for Hong Kong Following Tech Crackdown
Didi to Delist From US for Hong Kong Following Tech Crackdown

Chinese regulators pressed Didi's top executives to devise a plan to delist from New York due to concerns about data security; group will prepare for a listing in Hong Kong, it said

China Aoyuan Shares Plunge 17% After Creditor Demand
China Aoyuan Shares Plunge 17% After Creditor Demand

The demands were due to rating downgrades and the company warned shareholders it might be unable to pay up due to a liquidity crunch

Kaisa In Last-Ditch Talks With Bondholders As Default Looms
Kaisa In Last-Ditch Talks With Bondholders As Default Looms

Property developer sought to exchange its 6.5% offshore bonds due December 7 for new notes due June 6, 2023, at the same interest rate

Singapore Fund Buys Stake in Laox Duty Free: Nikkei Asia
Hanoi Stock Exchange to Develop Commodity Derivatives: VN News
Asian Markets Wary Of Omicron Threat As US Sees First Case
China’s Yuan Eases from Six-Month Dollar Peak
China’s Weibo to Raise $385m in Hong Kong Listing
Suncity Shares Slide After Macau Gaming Rooms Shut
NetEase’s Cloud Village Shares Decline in Hong Kong Debut

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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