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Latest: Fintech News

US Would ‘Destroy Taiwan Chip Factories if China Invaded’ – BI
US Would ‘Destroy Taiwan Chip Factories if China Invaded’ – BI

A former US security adviser said China would be able to "control the world economy" if it took over Taiwan’s chip factories

Chinese Start-Ups Hunt for ‘Friendly’ Banks to Park SVB Funds
Chinese Start-Ups Hunt for ‘Friendly’ Banks to Park SVB Funds

"No other bankers in the US provide the level of services SVB used to offer," said an executive at a major Chinese investment bank, which has deposits at Silicon Valley Bank

New China Premier Vows ‘Better Environment’ for Private Sector
New China Premier Vows ‘Better Environment’ for Private Sector

Investors hope premier Li Qiang's close ties with president Xi Jinping will enable him to push for more business-friendly policies

China Firms Rush To Distance Themselves From SVB Collapse
Silicon Valley Bank Collapse Adds to China Investors’ Woes
US Set For ‘Substantial’ India Investments to Boost Tech Ties
ASML Suppliers Plan to Cut China Exposure As Chip War Heats Up
Uncertainty Haunts ASML’s China Customers on New Export Curbs
Apple, Foxconn Spur Landmark Labour Reforms in Indian State
Chinese AI Firms Using Cloud to Dodge US Sanctions – FT

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