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Latest: Asia Stock Market News

Bitcoin’s Price Surge Leaves Gold in the Dust – FT
Bitcoin’s Price Surge Leaves Gold in the Dust – FT

The precious metal has dropped 5% this year, even with investors looking for protection as consumer prices soar across the globe

CSRC Approves 3 Stocks for Shenzhen Growth Board – Xinhua
CSRC Approves 3 Stocks for Shenzhen Growth Board – Xinhua

Caina Technology, YiDong Electronics Technology and Ningbo Tianyi Medical Appliance will be listed on the Shenzhen Stock Exchange

China SOEs’ Net Profits Reach $274bn, Says Asset Agency
China SOEs’ Net Profits Reach $274bn, Says Asset Agency

There was significant profitability improvement in the oil, steel and coal sectors, according to an official with the regulator

Shanghai-London Stock Connect to Include Germany, Switzerland
Investors Brace For Delisting of US-Listed China Stocks
Hong Kong Exchange To Allow SPACs To List From January 1
Asian Markets Retreat As Rate Rises And Omicron Weigh
UK Regulator Fines HSBC $85m over Money Laundering Flaws
Bankers See China Rule Changes Reviving IPO Prospects in 2022
China Private Equity Pioneer TPG Plans IPO

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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