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 1.34% to end at 50,883.68, while the TOPIX index rose 1.38% to end at 3,313.45. Japanese artificial intelligence-related companies rose. Advantest, which supplies testing equipment to Nvidia, rose 3.15%, chipmaker Renesas Electronics rose more than 3% and chip equipment maker Disco Corporation rose more than 6%.
South Korea’s Kospi index rose 0.55% to end at 4,026.45. Shares of Nvidia supplier SK Hynix ended 2.42% higher. The small-cap Kosdaq fell 0.41% to close at 898.17.
Australia’s ASX/S&P 200 index rose 0.3% to 8,828.3.
hong kong Hang Seng Index rose 2.12% to 26,485.9, while the mainland CSI300 rose 1.43% to 4,693.4.
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.
India’s Nifty 50 fell 0.1%, while the BSE Sensex index was flat.
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.
