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Latest: Asia Stock Market News

Country Garden to Gain $428m From Wanda Unit Stake Sale
Country Garden to Gain $428m From Wanda Unit Stake Sale

Country Garden said the sale of its holding in mall operator Zhuhai Wanda Commercial Management to Wanda Group should bring $428 million, which will go to the rejig of its offshore debt

Foreign Investors Turn to Asia Bonds as US Yields Dip
Foreign Investors Turn to Asia Bonds as US Yields Dip

South Korean, Indian, Malaysian, Indonesian and Thai bonds had their biggest month since May in November, with offshore buyers spending $6.36 billion

US Still Backing China Firm Providing Chips for Drones, PLA Units
US Still Backing China Firm Providing Chips for Drones, PLA Units

Brite Semiconductor is part-owned by blacklisted SMIC and services six Chinese military units but still gets access to US tech and financial support; firm is now planning an IPO in Shanghai

New Huawei Laptop Fuels Talk of Sanctions-Beating 5nm Chip
China, Vietnam Sign Rail and Data Deals, While Upgrading Ties
Hang Seng Dips on Stimulus Gloom, Nikkei Lifted by Tech Boost
World Backs COP28 Deal to Reduce Use of Fossil Fuels
Huawei Eyes Western Backing for EV Firm as Sanctions Safeguard
China’s Leaders Meet to Set Growth, Stimulus Target for 2024
COP Battle Over ‘Weak’ Draft, Row Over Ending Fossil Fuels

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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