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Latest: Fintech News

China Joint Ventures Aim to Control Tech Giants’ Assets – RFA
China Joint Ventures Aim to Control Tech Giants’ Assets – RFA

A 'nationalisation process' has begun with state 'partners' assigned to "effectively take control" of some assets of major private tech firms such as Tencent and JD.com, scholars say

China Chip Giant Hua Hong Set for $2.5bn IPO in Shanghai
China Chip Giant Hua Hong Set for $2.5bn IPO in Shanghai

Hua Hong Semiconductor, which specializes in mature technology, has been given regulatory approval for a $2.5-billion IPO in Shanghai

China’s Huawei Aims to Lead a 5G Boom in Africa – SCMP
China’s Huawei Aims to Lead a 5G Boom in Africa – SCMP

After facing bans in the US and Europe, the Chinese tech giant is focusing on Africa, where analysts say countries are ignoring Western security warnings and putting their "own interests first"

Apple Warns Covid Curbs in China Have Hit iPhone Output
Vietnam Ramps up Crackdown on Social Media ‘False News’
China Rushes to Hire Foreign Microchip Engineers – Nikkei
China’s Lenovo Sees Revenue Dip as Covid Shutdowns Take Toll
TikTok Tells EU Users China Staff Can Access Data – Guardian
US Should Ban TikTok, FCC Commissioner Says – Axios
Photos Emerge of China’s Military Bases on Artificial Islands

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