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Latest: Fintech News

Apple Tells Taiwan Suppliers To Meet China Label Standards
Apple Tells Taiwan Suppliers To Meet China Label Standards

Assemblers in Taiwan such as Foxconn and Pegatron have been ramping up production so Apple can launch its iPhone 14 next month

Baidu Gets China’s First Permits for Driverless Robotaxis
Baidu Gets China’s First Permits for Driverless Robotaxis

Tech conglomerate says permits to operate driverless robotaxis in Chongqing and Wuhan are a "turning point" in China's policy-making towards autonomous driving

Alibaba Shed 9,200 Employees in June Quarter – SCMP
Alibaba Shed 9,200 Employees in June Quarter – SCMP

The e-commerce giant has been trimming staff to boost efficiency but it plans to hire nearly 6,000 university graduates this year, its CEO said.

China Chip Fund Head Investigated for Corruption
UK Parliament Shuts TikTok Account Due to China Data Links
Tencent Seen Seeking to up Stake in ‘Assassin’s Creed’ Maker
Li Ka-shing Group Distances Itself From AMTD Digital – FT
Hackers Post Welcome Pelosi Note on China Website – Taiwan News
China Firm Unveils Chip That Closes Gap on US Rival
Meme Traders Fuel Fintech AMTD Digital’s 21,000% Stock Rise

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