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Latest: Fintech News

Chinese Firm Runs 100 ‘News’ Sites Pushing Pro-Beijing Stories
Chinese Firm Runs 100 ‘News’ Sites Pushing Pro-Beijing Stories

An online watchdog’s report named public relations firm Hamai as being behind the websites which attack China’s critics and share conspiracy theories

China’s Top Chipmaker SMIC Predicts Modest 2024 Recovery
China’s Top Chipmaker SMIC Predicts Modest 2024 Recovery

Shares in the company have dropped 18% over the last month as chipmakers continue to struggle to gain traction after last year’s slump

China’s Bid to ‘Cheat’ a Way to Chip Prominence is Failing: Envoy
China’s Bid to ‘Cheat’ a Way to Chip Prominence is Failing: Envoy

Taiwanese envoy in Washington says China 'cheats' and 'steals' technology, but doubts it will be able to make viable next-generation chips this year

Venture Capitalists’ Backing China Put Democracy at Risk – NYP
China’s Electric Vehicle Sales Fell 37% in January from December
Ant Group Sees Quarterly Profit Plummet 92% Year-On-Year
Shanghai to Allow Faster Offshore Data Transfers for Foreign Firms
China Voices Concern Over US Chip Curbs, Cloud Moves, Tariffs
State-Backed China Hackers in Malware Attack on Dutch Networks
TSMC Plans Second Chip Fab in Japan Amid Rising Demand

Fintech: 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