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Latest: Fintech News

Foreign Orders Lift China’s Manufacturing Again in March: Caixin
Foreign Orders Lift China’s Manufacturing Again in March: Caixin

A rise in orders both at home and abroad have boosted factory activity and lifted business confidence to the highest in nearly a year, according to a Caixin survey on Monday

PAG in 60% Buyout of Wanda Mall Unit in China for $8.3 Billion
PAG in 60% Buyout of Wanda Mall Unit in China for $8.3 Billion

Investors led by PE firm PAG have bought a 60% stake in property giant Dalian Wanda's mall unit, which runs close to 500 malls across China

US Releases Detailed Rules For Export Curbs on AI Chips to China
US Releases Detailed Rules For Export Curbs on AI Chips to China

The 166 pages of rules note that restrictions on chip shipments to China also apply to laptops. They will take effect on Thursday

Huawei Profits Jump 144% in Fastest Growth Since US Sanctions
US ‘Drawing Up List of Sanctioned Advanced Chinese Chip Fabs’
FTX Crypto Fraudster Bankman-Fried Jailed For 25 Years
China’s BYD Delays EV Factory; Solid-State Batteries ‘Unsafe’
Yellen: China’s Green Energy Push a Threat to Global Jobs – AP
China Keen For Tech Innovation to Drive Economic Growth
Xi to Visiting Dutch PM: No One Can Stop China’s Tech Progress

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