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Latest: Asia Stock Market News

Alibaba, Tencent Shares Rise as China Tech Crackdown Nears End
Alibaba, Tencent Shares Rise as China Tech Crackdown Nears End

Friday's $984 million fine on Ant Group, one of the largest ever for a Chinese internet company, is largely being seen as an end to Beijing’s tech crackdown

China Seeks US Action on Sanctioned Firms After Yellen Talks
China Seeks US Action on Sanctioned Firms After Yellen Talks

Finance ministry in Beijing urges US to take action on its "major concerns" about sanctions on Chinese firms, after talks with US Treasury secretary

China IPOs Plunge in First Half Amid Slowdown, Tighter Scrutiny
China IPOs Plunge in First Half Amid Slowdown, Tighter Scrutiny

Applications for new listings in China sank by a third in the first half of 2023, because of China's economic slowdown and tighter regulatory scrutiny of companies wanting to list

Nikkei Slides on Yen Surge, China Data Weighs on Hang Seng
China Regulates $2.9tn Private Equity Funds for Economy, Tech
Yellen Says China Investment Curbs Will Be ‘Narrow In Scope’
Huawei Unveils Tech ‘to Boost China’s AI Computing Power’
China Says Regret ‘Unexpected Incidents’ as Yellen Urges Dialogue
In Surprise Share Buyback, Ant Values Firm 75% Below IPO
Global Warming Rocks the Qinghai-Tibet Plateau – China Dialogue

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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