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Latest: Asia Stock Market News

Wood Slashes Ark China Exposure Over ‘Common Prosperity’ Model: FT
Wood Slashes Ark China Exposure Over ‘Common Prosperity’ Model: FT

(AF) Star investor Cathie Wood said her Ark Invest fund had greatly reduced its China exposure because social engineering by...

China’s ‘Quant’ Funds Curb Growth As Regulator Flags Risks
China’s ‘Quant’ Funds Curb Growth As Regulator Flags Risks

Fund managers in China are limiting the size of their quantitative investment business after CSRC advised bourses to pay attention to the explosive growth of "quant" funds

Nikkei Powers On As Delta Spoils The Mood Elsewhere Across Asia
Nikkei Powers On As Delta Spoils The Mood Elsewhere Across Asia

Fears about the impact of new coronavirus outbreaks on the economic recovery becalmed most trading floors around the region while the prospect of political change in Japan spurred more gains

China Says Crackdowns Essential to Protect Markets, Tame ‘Barbaric’ Tech Growth
China Will Stop ‘Malicious’ Fund Outflows if Fed Tapers: SCMP  
Asia’s Markets Ride The Recovery Wave With Nikkei Flying High
Investors Fearful of Xi Crackdown Divert Capital From China Funds: FT
BlackRock Bond ETFs Fuel Surge In Europe-Based China Funds: FT
Nikkei Boosted By PM’s Move But Hang Seng Hit by Alibaba Donation
China’s New Beijing Exchange Sets Up Potential Bourse War

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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