hong kong skyline
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Asia-Pacific markets rose on Thursday, tracking Wall Street’s gains. AMD’s Third-quarter profits outperformed artificial intelligence stocks, which rose.
Japanese benchmark Nikkei Stock Average The index rose by 1.45%, and the TOPIX index rose by 1.11%. SoftBank shares, which fell 10% on Wednesday, reversed losses and rose 1.5%. Artificial intelligence companies also rose, with Advantest, which supplies testing equipment to Nvidia, up 3.73%, and chip equipment maker Disco Corporation, up 4.59%.
After falling in the previous session, South Korea’s Kospi index trimmed its early gains and was trading flat. Shares of Nvidia supplier SK Hynix rose 3.11%.
The small-cap Kosdaq reversed, falling 0.52%.
Australia’s ASX/S&P200 index rose 0.28%.
hong kong Hang Seng Index rose 0.72%, while the mainland’s CSI300 index was flat in early trade.
Share prices of Chinese self-driving car companies we ride and pony eye In their market debut in Hong Kong, they fell more than 12% and nearly 8%, respectively. Both companies are already listed in the US.
Pony.ai raised total proceeds of HK$6.7 billion (approximately $860 million) in its IPO, according to filings. WeRide has raised HK$2.4 billion.
U.S. stock futures were little changed at the start of Asian trading hours as AI stocks recovered after the Supreme Court expressed skepticism about President Donald Trump’s tariffs and selling off on valuation concerns.
Overnight, the Dow Jones Industrial Average rose 225.76 points, or 0.48%, to close at 47,311.00. The S&P 500 rose 0.37% to end at 6,796.29 and the Nasdaq Composite rose 0.65% to end at 23,499.80.
—CNBC’s Sean Conlon and Sarah Min contributed to this report.
