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Latest: Asia Stock Market News

China Mobile to Buy Back HK Shares Amid Shanghai Listing
China Mobile to Buy Back HK Shares Amid Shanghai Listing

Company will buy back up to $12.6 billion worth of its Hong Kong listed shares on the market, as it readies for $7.7bn listing in Shanghai on Wednesday, China's biggest share offering in years

Evergrande Shares Halt Trading Pending Announcement
Evergrande Shares Halt Trading Pending Announcement

The property developer missed new coupon payments worth $255 million due last Tuesday, though both have a 30-day grace period

Reliance to Raise up to $5bn in Dollar Debt
Reliance to Raise up to $5bn in Dollar Debt

Mukesh Ambani-owned conglomerate said the proposal for fixed rate notes, which could be issued in one or more tranches, was approved by the board on Saturday

Bar on China Livestreamers Pitching Financial Products – Caixin
Malaysia Tax Exemption on Foreign Income to Spur Investments – NST
Japan to Help Build Bill Gates’ Nuclear Reactor in Wyoming – Yomiuri
China Tech Stocks Charge Drives Hong Kong Gains
Hong Kong Stocks Post Their Worst Yearly Performance in a Decade
China Pushes REITs to Fast-Track Infrastructure Investments
Indian Stock Markets Set for Their Best Year Since 2017

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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