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Latest: Asia Stock Market News

SoftBank-Backed Indian Insurance Platform Policybazaar Files for $809m IPO
SoftBank-Backed Indian Insurance Platform Policybazaar Files for $809m IPO

Company bidding to boost its brand, develop offline; Recent Indian IPO successes spur fresh listings

US Regulator Clamps Down on Chinese IPOs Over Risk Disclosures
US Regulator Clamps Down on Chinese IPOs Over Risk Disclosures

SEC wants firms to reveal risks of a regulatory crackdown; Senators also want Chinese companies to undergo account audits

China Education Fund Bottom of the Class after Tutoring Crackdown
China Education Fund Bottom of the Class after Tutoring Crackdown

Bosera CSI Global China Education ETF on track to be July’s worst mutual; ETF’s portfolio includes the New Oriental and China Education Group

South Korean Game Developer Krafton Aiming at $3.75bn IPO Target
DWS Chief Urges Investors to Ignore China Crackdown ‘Noise’: FT
China’s Regulatory Crackdown a Drag on Hong Kong IPOs, Bankers Say
Asia Markets Suffer Again as China Crackdown Unnerves Wall St
China Seen Ushering in New Era as it Puts Socialism Before Shareholders
Regulatory Storm Triggers $2.6bn Outflow, China State Media Urge Calm
China Private Tutoring Firms ‘Wait for Death’ After Crackdown

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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