ASML, Tokyo Electron shares rally as US softens stance on China chip sanctions
ASML and Tokyo Electron shares surged on reports of softer US chip sanctions on China, targeting equipment over factories.
Hong Kong Shares End Lower; Consumer Products, Property Stocks Fall
The Hang Seng closed 1.2% lower, with consumer products and property stocks leading declines and as investors watched for the next catalyst from China’s December central government work conference.