---
title: "\"Asian Stocks\" Asia-Pacific stock markets generally fell, South Korean stocks hit a new high, while Japanese and Taiwanese stocks retraced"
description: "The Asia-Pacific stock markets generally fell, affected by the bad loan issues of several banks in the U.S. South Korean stocks narrowed their gains after hitting a record high, while Japanese and Tai"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261551400.md"
published_at: "2025-10-17T04:52:13.000Z"
---

# "Asian Stocks" Asia-Pacific stock markets generally fell, South Korean stocks hit a new high, while Japanese and Taiwanese stocks retraced

> The Asia-Pacific stock markets generally fell, affected by the bad loan issues of several banks in the U.S. South Korean stocks narrowed their gains after hitting a record high, while Japanese and Taiwanese stocks retreated. The Shanghai Composite Index fell by 39 points, the Shenzhen Component Index dropped by 260 points, the Hong Kong Hang Seng Index decreased by 415 points, and the Taiwan Weighted Index fell by 230 points. Japan's Nikkei Index declined by 612 points, while South Korea's Kospi rose slightly. The Australian and New Zealand stock markets also experienced declines, and gold prices continued to rise

Multiple banks in the U.S. disclosed issues with non-performing loans, causing the Dow Jones to drop on the night of the 16th, which affected stock markets in the Asia-Pacific region. After reaching a new high, South Korean stocks saw a significant narrowing of gains, while Japanese and Taiwanese stocks retreated.

The People's Bank of China conducted a seven-day reverse repurchase operation, net withdrawing 244.2 billion yuan in a single day. The Shanghai Composite Index closed at 3,877 points, down 39 points or 1%; the Shenzhen Component Index fell 260 points or nearly 2%, closing at 12,825 points. The Hang Seng Index in Hong Kong dropped 415 points or 1.6%, closing at 25,473 points, with a turnover of 153.2 billion yuan. The Taiwan Weighted Index fell 230 points or 0.8%, closing at 27,417 points. After announcing quarterly results, TSMC retreated 1.7%, while Hon Hai and MediaTek rose 1.8% and 0.4%, respectively. Largan Precision fell 1.8%.

Japan's Nikkei Average dropped 612 points or 1.3%, closing at 47,664 points. Semiconductor stocks retreated, with SoftBank down 2.8%, DISCO and Advantest falling 3.2% and 3.1%, respectively, and Screen Holdings down 4.6%. South Korea's Kospi index rose 7 points or 0.2%, closing at 3,755 points, having reached a new high of 3,794 points during the session. SK Hynix and LG Energy Solution rose 2.2% and 2.1%, respectively. India's Nifty 50 index rose 81 points or 0.3%, closing at 25,667 points. Mahindra & Mahindra rose 2%, Asian Paints rose 4.3%, and consumer stocks Hindustan Unilever and Nestlé India rose 1.4% and 1.3%, respectively.

Australia's S&P/ASX 200 index fell 73 points or 0.8%, closing at 8,995 points. Gold prices continued to hit new highs, with gold mining stock Newmont rising 3.1%, while BHP retreated 0.9%, and ANZ Group and Macquarie Group fell 1% and 1.2%, respectively. New Zealand's NZX 50 index fell 99 points or 0.8%, closing at 13,289 points.

Singapore's Straits Times Index fell 21 points or 0.5%, closing at 4,334 points. DBS Bank fell 0.9%, while Sembcorp Industries and Singapore Exchange fell 1.8%. Stock markets in Malaysia, Thailand, and the Philippines fell between 0.2% and 0.4%, Indonesia's stock market fell 2.2%, while Vietnam's Hanoi stock market rose 0.2% and Ho Chi Minh stock market fell 0.8%

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.