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Latest: Asia Stock Market News

Hang Seng Dips on China Gaming Curbs, US Bets Lift Nikkei
Hang Seng Dips on China Gaming Curbs, US Bets Lift Nikkei

Beijing revealed new draft curbs on gamers’ spending which weighed on tech stocks though there were hopes of more upbeat US data

China’s BYD Plans EV Production Base in Hungary
China’s BYD Plans EV Production Base in Hungary

The new facility to be built in Szeged, in southern Hungary, China's biggest carmaker by sales, said on Friday

China’s Geely Says Ship Attacks Will Delay EV Arrivals in EU
China’s Geely Says Ship Attacks Will Delay EV Arrivals in EU

China exported some 1.63 million vehicles to Europe in the first 10 months of this year, but attacks on ships in the Red Sea mean it will now take longer for their EVs to reach EU ports

Tencent, Netease Shares Plunge After China Issues Gaming Rules
Japan Looking to Trim Budget for First Time in 12 Years
Inflation Worries Mount as Exporters Hunt Ways Around Red Sea
China Curbs The Export of Rare Earths Processing Technology
Xi Warned Biden That China Would Reunify With Taiwan – NBC
Nikkei Follows Wall St Sell-Off, Tech Falls Leave Hang Seng Flat
US May Hike Tariffs on Chinese EVs, Other Goods – WSJ

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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