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Latest: Fintech News

Chip Stocks Suffer as Pelosi Taiwan Trip Stokes Tensions
Chip Stocks Suffer as Pelosi Taiwan Trip Stokes Tensions

Taiwan is home to the world's biggest semiconductors manufacturer, TSMC, and its shares closed down on Tuesday along with those of chip firms in the US and Germany

Hong Kong’s AMTD Digital Goes Into Orbit in New York Trading
Hong Kong’s AMTD Digital Goes Into Orbit in New York Trading

AMTD's shares have surged 9,413% since they were listed on the New York Stock Exchange on July 15.

TSMC Shuts if China Invades Taiwan, Says Boss – Focus Taiwan
TSMC Shuts if China Invades Taiwan, Says Boss – Focus Taiwan

TSMC factories would cease to operate if China invaded Taiwan, company chairman Mark Liu warns, reminding Beijing there are "no winners" if a country declares war

US Set to Limit Export of Chipmaking Gear to China Firms
China’s UnionPay Secures More Russian Banking Business
Diablo Revenue Passes $100m, Rises to Top App in China
Alibaba Slumps Even as it Says Aims to Retain US Listing
Sony Blames Easing Covid Curbs For Profit Forecast Drop
US, Japan Chips Alliance Aims to Thwart China Ambitions
China Says US Chip Act Will Harm Supply Chain, Global Trade

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