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Latest: Asia Stock Market News

Asia’s markets subdued as Covid casts a cloud over recovery hopes
Asia’s markets subdued as Covid casts a cloud over recovery hopes

Wall Street saw another record day but traders around the Pacific were less energetic as the spreading Delta variant of the virus sees lockdowns and restrictions return

Didi pulls off biggest Chinese US IPO since Alibaba, outperforms Uber launch
Didi pulls off biggest Chinese US IPO since Alibaba, outperforms Uber launch

Didi Chuxing raises $4.4 billion in New York IPO to hit a value of around $70 billion, with better post-pricing...

ChemChina’s $10bn Syngenta IPO set to be 2021’s biggest flotation
ChemChina’s $10bn Syngenta IPO set to be 2021’s biggest flotation

Chinese state-owned chemical company will use proceeds of the launch of the $60bn-valued Swiss firm it bought in 2017 for R&D, new investments and to pay off debts

Asia’s markets trail in the wake of another Wall St record-breaker
Grocery app Dingdong rings the changes on US IPO target after Missfresh misstep
Traders concerned at Covid’s return drag Asian markets down
Facebook legal win takes value over $1 trln; Asian giants could benefit from rally
Regulator hits pause on game developer Krafton’s $5 billion IPO
China News Digest June 28 – fuel costs rising, supplies of key resources ranked
Asian markets edge down on low-key storm-hit day

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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