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Latest: Asia Stock Market News

China Crackdown Continues to Batter Education and Tech Stocks
China Crackdown Continues to Batter Education and Tech Stocks

Hang Seng Index has now given up more than 10% in three trading days; Tutoring and tech sectors targeted by Beijing – Tencent and Alibaba tumble

Meituan Shares Slump For Third Day After Regulator’s Latest Decree
Meituan Shares Slump For Third Day After Regulator’s Latest Decree

• China’s food delivery companies ordered to pay higher wages • Government insists on insurance for riders after public outcry  ...

Plunging Hong Kong Drags Asia Down as China Crackdown Continues
Plunging Hong Kong Drags Asia Down as China Crackdown Continues

JPMorgan Chase says some education stocks now 'uninvestable'; Traders eyeing Apple and Amazon earnings figures due out this week

China’s Private Tutoring Overhaul Stuns Online Education Industry
Singapore Exchange Eyes Currency Expansion with MaxxTrader Buyout
Shanghai Exchange STAR Gazing With Launch of Next-Gen IT Index
E-Commerce Firm Bukalapak Raises $1.5bn in Indonesia’s Biggest IPO
Malaysia’s Maybank Commits to $11.9bn Sustainable Finance Framework
Top Oil Producers Agree on Modest Output Boost From August
China Vows to Curb Commodities Speculation to Ensure Price Stability

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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