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Latest: Fintech News

Jack Ma Returns to China in Sign of Easing Tech Crackdown
Jack Ma Returns to China in Sign of Easing Tech Crackdown

The news of Jack Ma’s return comes on the final day of the China Development forum, a government-funded event being held in Beijing

China Says US Has Failed to Prove TikTok is a Security Threat
China Says US Has Failed to Prove TikTok is a Security Threat

China's Foreign Ministry said on Monday that the US has made a presumption of guilt against TikTok without presenting evidence that the popular app threatens its national security

China Says Still Committed to Building Healthy, Stable US Ties
China Says Still Committed to Building Healthy, Stable US Ties

China's foreign minister Qin Gang said the country will continue to provide a better business environment for global companies, including US firms

Tim Cook Lauds China ‘Innovation’ at Key Business Summit
iPhone Maker Pegatron in Second India Factory Negotiations
Beijing Slams US for TikTok CEO’s ‘Hostile’ Congress Hearing
Huawei Beats US Sanctions With Chip Tool Breakthrough
Nvidia Will Rent AI Computing Power to China – Yicai Global
China Warns Dutch of ‘Consequences’ to Chip Tech Ban – SCMP
South Korea Says New US Rules Won’t Shut Its China Chip Plants

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