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Latest: Fintech News

China’s Guangzhou Eases Mortgage Rules to Help Housing Market
China’s Guangzhou Eases Mortgage Rules to Help Housing Market

Decision comes as state banks are tipped to cut interest rates on existing mortgages, while other cities could follow Guangzhou's move

China Says Doors Will Open Wider, After Raimondo Bombshell
China Says Doors Will Open Wider, After Raimondo Bombshell

China responds positively to Commerce Secretary's blunt remark that US companies complained to her that China has become "uninvestible"

Meta Links Chinese Law Enforcement to ‘Spamouflage’ Posts
Meta Links Chinese Law Enforcement to ‘Spamouflage’ Posts

The Facebook parent said it had pulled around 7,700 Facebook accounts and hundreds of other pages, groups and Instagram accounts

Presidential Runner Gou Dismisses Foxconn Links Threat – Insider
Raimondo, China’s Leaders Discuss Range of Hot Trade Concerns
Toyota Stops Work at Japanese Plants Due to System Failure
Raimondo Spurs Some Progress With China But Chips Off The Menu
Raimondo Begins China Visit But ‘Won’t Negotiate’ Chip Curbs
Hang Seng and Nikkei Fall as Asian Stocks, Currencies Slide
Raimondo Heading to China for Talks as Bilateral Trade Plunges

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