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Latest: Fintech News

China’s Slow Response to its Economic Woes Puzzling Investors
China’s Slow Response to its Economic Woes Puzzling Investors

Some China watchers say Xi's focus on security is scaring off the money Beijing is trying to attract. Others say the country is making a painful transition away from its debt-fuelled growth-at-all-costs policy

Investors Dump Private China Firms, Embrace ‘Common Prosperity’
Investors Dump Private China Firms, Embrace ‘Common Prosperity’

A fresh crackdown on the country's medical and pharmaceutical sectors, set to last a year, has convinced investors that it may be best to buy the state and sell private sector holdings

Struggling Chinese Asset Manager Zhongzhi Looking at Debt Rejig
Struggling Chinese Asset Manager Zhongzhi Looking at Debt Rejig

Zhongzhi Enterprise Group, which manages over $137 billion in assets, has hired a top accounting firm to help it deal with a liquidity crisis. Its Zhongrong Trust has stopped payments to investors

China’s CATL Unveils Game-Changing Fast-Charging LFP Battery
China’s Tencent Records Less Than Expected Revenue Rise
China Scientists Claim Long-Life Battery Breakthrough – STD
China Seen Blocking US Chip Giant’s $5.4bn Merger With Tower
China’s Geely Launches High-Tech JI YUE Brand in Baidu Tie-Up
SoftBank Seen in Talks for Vision Fund’s 25% Stake in Arm
Japanese Yen Slips to 2023 Low, US Dollar at One-Month High

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