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Latest: Fintech News

Report Says China Uses Software Flaws for Cyber Attacks – Register
Report Says China Uses Software Flaws for Cyber Attacks – Register

New Microsoft cybersecurity report says China is "proficient" in finding and exploiting software flaws before they are fixed by software developers.

China Opposes Taiwan’s $10m Lithuanian Chip Investment
China Opposes Taiwan’s $10m Lithuanian Chip Investment

Taiwan is creating tensions by colluding with external nations, Chinese foreign ministry spokesman Zhao Lijian said on Tuesday

China’s Super-Rich See Wealth Plunge as Economy Slows
China’s Super-Rich See Wealth Plunge as Economy Slows

The Hurun Rich list, which ranks China's wealthiest citizens, said the number of dollar billionaires dropped by 239 to 946 this year.

Nvidia Offers New Chip to China That Meets US Limits
China Joint Ventures Aim to Control Tech Giants’ Assets – RFA
China Chip Giant Hua Hong Set for $2.5bn IPO in Shanghai
China’s Huawei Aims to Lead a 5G Boom in Africa – SCMP
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

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