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Latest: Asia Stock Market News

Fundraising by Chinese Private Funds Dives on Slowing Economy
Fundraising by Chinese Private Funds Dives on Slowing Economy

Newly-registered private funds totalled 95.9 billion yuan ($15.16 billion) in January, down 44% month-on-month, according to AMAC

Meituan Shares Rise as State Media Play Down Delivery Fee Plan
Meituan Shares Rise as State Media Play Down Delivery Fee Plan

A proposed policy to lower delivery fees that wiped $26 billion off Meituan's value was not intended to target the platform economy, an Economic Daily commentary said.

Singapore Fintech M-DAQ Buys Payments Outfit Wallex
Singapore Fintech M-DAQ Buys Payments Outfit Wallex

M-DAQ said it would inject fresh capital to accelerate Wallex's business, which is expected to process about $11 billion worth of transactions this year

Deutsche’s Private Bank Hires New Asia Investment Chief
Volkswagen Eyes Separate Stock Listing for Porsche
India Eyes Crude Oil, Volatility Fallout – The Hindu
China Post Picks Xiamen For First Coffee Shop – 36kr
Geely’s Sports Carmaker Lotus Explores IPO Options – FT
Market Wrap: Oil Soars, Equities Fall on Russia-Ukraine Anxiety
China Developers’ Fundraising at 10-Year Low in January: Moody’s

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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