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Latest: Asia Stock Market News

Alibaba Break-Up Gets Underway With Cainiao Listing Move
Alibaba Break-Up Gets Underway With Cainiao Listing Move

The logistics unit’s launch would make it the first to be split off since the Chinese e-commerce giant announced its restructure six months ago

Huawei Keeps Mum on China-Made Chips Behind Mate 60 Phones
Huawei Keeps Mum on China-Made Chips Behind Mate 60 Phones

"What kind of move is this?" one Weibo user said, as the Chinese telecom giant's much anticipated product event failed to give any new details on its 'sanctions-defeating' Mate 60 series

Key Evergrande Unit Misses $547m Bond Dues as Crisis Worsens
Key Evergrande Unit Misses $547m Bond Dues as Crisis Worsens

The developer's already battered Hong Kong-listed shares slipped more than 8% on Tuesday, taking the stock's losses to more than 27% in two days

Hang Seng Drops on Property Worries, Nikkei Slips on Chips
German Carmakers Fear EU’s China EV Probe: Minister – Politico
China Bans Top Nomura Investment Banker From Exiting Mainland
Evergrande Debt Revamp Hitch Deepens Property Meltdown Fears
Taliban Sounds Out China’s Huawei on Mass Surveillance Plan
Property, Tech Drag on Hang Seng; Bargain-Buying Boosts Nikkei
China’s AI Startups Facing a Shakeout as Costs Surge

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Markets: 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