{"id":120731,"date":"2025-11-10T10:48:16","date_gmt":"2025-11-10T06:48:16","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120731"},"modified":"2025-11-10T10:48:19","modified_gmt":"2025-11-10T06:48:19","slug":"asia-shares-mixed-as-tech-rebound-lifts-japan-and-korea-china-lags-despite-firmer-cpi","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/asia-shares-mixed-as-tech-rebound-lifts-japan-and-korea-china-lags-despite-firmer-cpi\/11\/10\/market-updates\/","title":{"rendered":"Asia shares mixed as tech rebound lifts Japan and Korea; China lags despite firmer CPI"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<p>Asian equities opened the week on uneven footing Monday, with Japan and South Korea leading gains on a rebound in semiconductor and AI-adjacent names, while Chinese benchmarks underperformed even after a marginally better inflation print. Regional sentiment also drew support from U.S. equity futures\u2014S&amp;P 500 contracts rose about 0.6%\u2014on reports the prolonged U.S. government shutdown may soon end. Still, many markets are nursing heavy losses from last week\u2019s tech-led rout amid doubts over AI-driven valuations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Leaders: Japan and Korea bounce on chips<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nikkei 225 +1.2% | TOPIX higher:<\/strong> Dip-buying rotated back into factory-automation and semiconductor capital equipment. <strong>Advantest<\/strong> gained ~3.9% and <strong>Tokyo Electron<\/strong> ~4.3%. Outside tech, <strong>Mercari<\/strong> surged >10% after robust quarterly results.<\/li>\n\n\n\n<li><strong>KOSPI +2.8%:<\/strong> Chip heavyweights outperformed, with <strong>SK Hynix +5%<\/strong> and <strong>Samsung Electronics +2.3%<\/strong>, aided by bargain hunting and commentary from <strong>NVIDIA<\/strong> CEO Jensen Huang that demand for next-gen Blackwell AI chips remains \u201cvery strong.\u201d<\/li>\n\n\n\n<li><strong>Hang Seng +0.3%:<\/strong> Tech strength helped the broader index edge higher, though gains were modest versus Korea and Japan.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">China: better CPI, weak follow-through<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>CSI 300\/Shanghai Composite: flat to slightly lower.<\/strong> Weekend data showed <strong>CPI<\/strong> rose more than expected in October\u2014helped by Golden Week\u2014marking the first uptick since June; <strong>PPI<\/strong> deflation eased slightly but logged a <strong>37th straight month<\/strong> in negative territory.<\/li>\n\n\n\n<li>The mixed signal reinforced the narrative of <strong>persistent disinflationary pressure<\/strong> and <strong>fragile consumption<\/strong> once holiday effects fade, curbing risk appetite for A-shares despite the headline beats.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Elsewhere in the region<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Singapore STI \u22120.8%<\/strong> as financials and industrials lagged.<\/li>\n\n\n\n<li><strong>Australia ASX 200 +0.7%<\/strong>, supported by banks; <strong>ANZ +1.8%<\/strong> as cost-cut pledges offset softer annual cash profit.<\/li>\n\n\n\n<li><strong>India Nifty 50 futures +0.4%<\/strong>, pointing to a firmer open amid resilient domestic flows.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Big picture: a fragile respite<\/h2>\n\n\n\n<p>The rebound in North Asia\u2019s tech complex looks <strong>tactical<\/strong> after last week\u2019s de-rating on valuation worries. Any sustained recovery likely hinges on:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>confirmation of a U.S. shutdown resolution and return of timely macro data;<\/li>\n\n\n\n<li>earnings and capex guidance from AI bellwethers that can justify premium multiples; and<\/li>\n\n\n\n<li>evidence of a durable demand turn in China beyond holiday-distorted prints.<\/li>\n<\/ol>\n\n\n\n<p>For now, Asia\u2019s tape is stabilizing\u2014but leadership remains concentrated in semis, and breadth will need to improve to turn a bounce into a trend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian equities opened the week on uneven footing Monday, with Japan and South Korea leading gains on a rebound in semiconductor and AI-adjacent names, while Chinese benchmarks underperformed even after a marginally better inflation print. Regional sentiment also drew support from U.S. equity futures\u2014S&amp;P 500 contracts rose about 0.6%\u2014on reports the prolonged U.S. government shutdown &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31994,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,39,36],"tags":[6849,6851],"class_list":["post-120731","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-global-stock-markets","category-market-updates","tag-asia","tag-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120731"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120731\/revisions"}],"predecessor-version":[{"id":120732,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120731\/revisions\/120732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31994"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}