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Latest: Fintech News

Huawei Keeps Mum on China-Made Chips Behind Mate 60 Phones
Huawei Keeps Mum on China-Made Chips Behind Mate 60 Phones

"What kind of move is this?" one Weibo user said, as the Chinese telecom giant's much anticipated product event failed to give any new details on its 'sanctions-defeating' Mate 60 series

China Bans Top Nomura Investment Banker From Exiting Mainland
China Bans Top Nomura Investment Banker From Exiting Mainland

The ban is reportedly connected to Beijing’s investigation into top tech dealmaker Bao Fan, whose disappearance early this year shook the business community in China.

Taliban Sounds Out China’s Huawei on Mass Surveillance Plan
Taliban Sounds Out China’s Huawei on Mass Surveillance Plan

Afghan regime has consulted with Chinese telecom giant Huawei about potential cooperation on reconfiguring a mass surveillance network initially planned by the West

Chinese Tourists Get Big Thai Welcome as Visa-Free Visits Begin
China’s AI Startups Facing a Shakeout as Costs Surge
China Issues Gallium, Germanium Licences as Exports Sink
US Moves to Block China Benefitting From $52bn Chips Funds
Tesla Seen Looking at Battery Factory in India, as Well as EVs
South Korea Talks to US on Chip Curbs As Waivers Near Expiry
Big Queue at Apple’s Shanghai Store for New iPhone 15

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