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Latest: Asia Stock Market News

Probe Into US Chip Equipment Maker’s Gear Sent to China’s SMIC
Probe Into US Chip Equipment Maker’s Gear Sent to China’s SMIC

US officials are investigating if Applied Materials broke sanctions by sending gear worth 'hundreds of millions' to top China chipmaker via a unit in South Korea in 2021 and 2022, sources say

Alibaba Pulls Plug on Cloud Unit Spin-Off Over US Chip Curbs
Alibaba Pulls Plug on Cloud Unit Spin-Off Over US Chip Curbs

The e-commerce outfit had unveiled plans in March to list its cloud business as part of the biggest restructuring in its 24-year history

Regulatory Filing Reveals First Images of Xiaomi’s Debut EV
Regulatory Filing Reveals First Images of Xiaomi’s Debut EV

A unit of Beijing-based automaker BAIC has proposed to make two versions of Xiaomi's first-ever electric vehicle — the SU7 and the SU7 Max

Hyundai Showcases its First High-Performance Electric Car
China Opposes Push to Modify APEC Trade, Investment Policies
Tencent to Turn to Chinese Chips as US Bans Risk Cloud Service
China Property Drags on Hang Seng, Nikkei Snaps Three-Day Run
Xi Seeks to Reassure The US: ‘No Hot or Cold War With Anyone’
Huge Huawei Sales Boom Turns Around China Smartphone Market
Hang Seng, Nikkei Lead Asian Stocks Higher on Soft US Inflation

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Asia Financial Insights
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