On May 11, 2024, workers were processing wafers in the workshop of an optoelectronic technology company in Huai’an, China.
Cost Photos | Noor Photos | Getty Images
Japanese Nikkei 225 Index It rebounded after leading losses in Asia on Monday, rising 0.77%, while the Topix gained 0.45%.
Korean Cospi Up 0.97%, chip giants Samsung Electronics and SK Hynix expanded their gains by about 2% and 1.35% respectively. The small-cap Kosdaq rose 0.67%.
Australian S&P/ASX 200 Index It opened up 0.42% that day, rising for the fourth consecutive trading day.
In comparison, Hong Kong’s Hang Seng Index futures were last trading at 19,664 points, opening weaker than the Hang Seng Index’s closing point of 19,688.29 points.
The U.S. Department of Defense will include major Chinese technology companies in Hong Kong-listed technology stocks, which will become the focus Tencent Holdings and battery manufacturers Ningde era to a Company list It calls it a “Chinese military company.”
Tencent’s American depositary receipts fell nearly 8% overnight.
In the U.S., the S&P 500 rose 0.55% and climbed alongside the Nasdaq, which rose 1.24% on gains in technology stocks.
However, the Dow Jones Industrial Average lagged behind, reversing early gains and falling 0.06%.
—CNBC’s Pia Singh and Tanaya Macheel contributed to this report.
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