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Latest: Asia Stock Market News

China Exported Just 1kg of Germanium Last Month, No Gallium
China Exported Just 1kg of Germanium Last Month, No Gallium

Both gallium and germanium are key to chipmaking, and Chinese exporters of the metals now need to obtain an export licence for dual-use items and technologies

China Curbs Export of Key EV Metal as Tech War With US Deepens
China Curbs Export of Key EV Metal as Tech War With US Deepens

China is the world's top graphite exporter and refines more than 90% of the world's graphite into the material used in virtually all EV batteries

Small China Banks May Take $300bn Hit From LGFV Debts: S&P
Small China Banks May Take $300bn Hit From LGFV Debts: S&P

Regional banks may need support from the PBOC as they have high exposure to local government financing vehicles set up by provinces for spending on infrastructure, S&P Global Ratings says

Nikkei, Hang Seng Dip as Israel-Gaza War Threatens to Spread
More China State Firms in Share Buyback Bid to Prop Up Market
Huawei Sells 1.6m Mate 60 Phones in Six Weeks as Apple Falters
US Curbs Set Off Sales, Tech Boom for China Chip Equipment Firms
US Seeks Details on Sequoia’s Chinese Tech Investments – FT
Hang Seng, Nikkei Slump On Middle East Tensions, Fed Fears
US Seizes Website Domains Used by North Korean IT Workers

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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