"Asian Stocks" Asian stocks developed individually, Taiwan stocks broke the top, South Korean star stocks approached historical highs, SK Hynix rose by half

AASTOCKS
2025.12.29 04:57

Last weekend, Thailand and Cambodia reached a temporary ceasefire, and U.S. President Trump congratulated them on the ceasefire agreement, stating that Washington, along with China and Malaysia, participated in the coordination, "which we can be proud to have helped." With the end of 2025 approaching, major stock markets in the Asia-Pacific region developed differently this morning (29th), with Taiwan's stock market hitting a historical high, South Korea and Singapore nearing historical highs; Japan's stock market slightly declined.

The three major indices of A-shares developed differently in the early market, with the Shanghai Composite Index rising 12 points or 0.3% to close at 3,975 points. The Shenzhen Component Index slightly rose 3 points or less than 0.1% to 13,607 points. The ChiNext Index fell 10 points or 0.3% to 3,233 points. After the long holiday, Hong Kong stocks resumed trading, and on the eve of the futures settlement, the Hang Seng Index rose 68 points or nearly 0.3% to 25,887 points, with a turnover of HKD 126.415 billion. The Taiwan Weighted Index rose to 28,835 points this morning, hitting a historical high, currently reported at 28,833 points, up 277 points or nearly 1%. Taiwan Semiconductor rose 1.3% to NT$1,530, reaching a historical high. MediaTek and Hon Hai rose 2.5% to 2.7%.

The Nikkei Index fell 125 points or 0.25% in the afternoon, reported at 50,625 points. Mining stocks surged, with Tonghua Holdings, Sumitomo Metal Mining, Mitsui Mining & Smelting, and Mitsubishi Materials rising 3.2% to 4.8%; general trading company Itochu rose 4.9%, being the best-performing index stock. South Korea's Seoul Composite Index rose 79 points or 1.9% to 4,208 points, nearing its historical high (4,226 points). Samsung Electronics rose 1.9%, and SK Hynix surged 5.5%. Hanwha Aerospace rose 9.5%, as the company previously received an order from the U.S. Navy. Hyundai Motor and Kia rose about 1% to 2%, and Hana Financial rose 1.1%.

India's SENSEX Index slightly fell 0.1% to 84,940 points. India's Nifty 50 Index fell less than 0.1% to 26,019 points. IT outsourcing company Infosys slightly fell 0.3%, while its peer Tata Consultancy Services (TCS) fell 0.6%.

The Australia 200 Index nearly fell 0.4% at the end of the market, reported at 8,730 points. The New Zealand 50 Index slightly fell 3 points at the end of the market, reported at 13,525 points.

Other major Southeast Asian markets developed differently, with the Singapore Strait Index rising 2 points to 4,638 points, nearing its historical high (4,647 points). DBS rose less than 0.1%, while Oversea-Chinese Banking Corporation and United Overseas Bank each slightly fell 0.1%, and Jardine Matheson rose 0.5%. Indonesia's IDX rose 0.9%, the Philippines' PSEI rose 0.3%, while Thailand's SET 50 and Malaysia's KLCI each fell 0.3%. Vietnam's Hanoi Index rose 0.3%, and Ho Chi Minh Index rose 0.9%