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Latest: Asia Stock Market News

SenseTime Seen Planning $767m Hong Kong IPO Relaunch
SenseTime Seen Planning $767m Hong Kong IPO Relaunch

The Chinese AI firm was forced to cancel the offering after the US blacklisted it over alleged links to the Uyghur crackdowns in Xinjiang

Value of Japan Imports Reaches a 40-Year High in November
Value of Japan Imports Reaches a 40-Year High in November

Imports rose by 43.8% compared with the same period a year ago, beating economists’ forecasts of 40% and totalling $72.9 billion

Reddit Confidentially Files for $15bn-Plus IPO
Reddit Confidentially Files for $15bn-Plus IPO

The San Francisco-based firm had retail investors flocking to its message boards for tips on trading GameStop and other meme stocks

Chinese Developer Shimao’s Bonds Soar as Regulators Offer Help
China Private Equity Tycoon Unseen for Two Weeks – Caixin
Beijing to Scrap Tariffs for Poorest Nations – China Daily
Asian Markets In Limbo With Traders Braced For Fed Pullback
Short Sellers Recoup Lost Ground on ‘Meme Stocks’
Uber CEO Intends to Sell Off Stake in Didi Global
China’s BeiGene Shares Plunge in Shanghai Debut

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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