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Latest: Asia Stock Market News

Tencent to Turn to Chinese Chips as US Bans Risk Cloud Service
Tencent to Turn to Chinese Chips as US Bans Risk Cloud Service

Tencent is the second large Chinese technology company to look for domestic alternatives to Nvidia amid tightening US sanctions

China Property Drags on Hang Seng, Nikkei Snaps Three-Day Run
China Property Drags on Hang Seng, Nikkei Snaps Three-Day Run

China's new home prices fell for a fourth month as the critical sector’s woes continued to distract investors across the region

Xi Seeks to Reassure The US: ‘No Hot or Cold War With Anyone’
Xi Seeks to Reassure The US: ‘No Hot or Cold War With Anyone’

Xi came into the meeting looking for respect from the US, and also seeking to improve fast-cooling business dealings with the world's biggest economy

Huge Huawei Sales Boom Turns Around China Smartphone Market
Hang Seng, Nikkei Lead Asian Stocks Higher on Soft US Inflation
China’s Xi to Court US Firms at Pricey San Francisco Dinner
Bank of Japan Seen Ready to End Negative Rates in Early 2024
Report Explains How China Got Round US’s Initial Chip Curbs
Analysts Wary Despite China’s Factory, Consumption Growth
China EV Sales Hit Record in October Amid Demand Slowdown Worry

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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