---
title: "STOCKS | Asian Equities Rally as Chipmakers Surge on Middle East Peace Deal Hopes"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289576857.md"
description: "Asian equities rallied on Friday, driven by chipmakers and renewed risk appetite amid hopes for a Middle East peace deal. Key indices surged: the Nikkei jumped 2.81%, the Kospi rose 4.63% triggering trading curbs, and Hong Kong's Hang Seng gained 1.9%. Mainland Chinese markets also posted gains, with the Shanghai Composite up 1.12%. U.S. President Trump's comments about a potential weekend deal further boosted AI-heavy gauges in South Korea."
datetime: "2026-06-12T09:31:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289576857.md)
  - [en](https://longbridge.com/en/news/289576857.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289576857.md)
---

# STOCKS | Asian Equities Rally as Chipmakers Surge on Middle East Peace Deal Hopes

Asian equities rallied on Friday, led by chipmakers, as risk appetite returned on hopes a Middle East peace deal may materialise. U.S. President Donald Trump said a deal could be signed as soon as this weekend, according to RTHK, helping lift AI-heavy gauges in South Korea. In Hong Kong, the Hang Seng Index rose 468 points, or 1.9%, to 24,718 on turnover of HK$316.44 billion, while the Hang Seng Tech Index gained 49 points, or 1.1%, to 4,705 and the China Enterprises Index added 157 points, or 1.9%, to 8,374. On the mainland, the Shanghai Composite Index climbed 44 points, or 1.12%, to 4,031 on turnover of 1.54 trillion yuan. The Shenzhen Component Index rose 111 points, or 0.75%, to 14,963 on turnover of 1.68 trillion yuan, and the ChiNext Index gained 19 points, or 0.5%, to 3,830 on turnover of 805.74 billion yuan. In Tokyo, the Nikkei jumped 1,802 points, or 2.81%, to 66,020 after rising as much as 4.4% earlier, while the Topix added 51 points, or 1.35%, to 3,881. In Seoul, the Kospi closed up almost 360 points, or 4.63%, at 8,123 after rising up to 8.6% during the session, triggering a "sidecar" trading curb.

### Related Stocks

- [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md)
- [02800.HK](https://longbridge.com/en/quote/02800.HK.md)
- [03115.HK](https://longbridge.com/en/quote/03115.HK.md)
- [07200.HK](https://longbridge.com/en/quote/07200.HK.md)
- [07300.HK](https://longbridge.com/en/quote/07300.HK.md)
- [07500.HK](https://longbridge.com/en/quote/07500.HK.md)
- [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md)
- [HSCEI.HK](https://longbridge.com/en/quote/HSCEI.HK.md)
- [000001.CN](https://longbridge.com/en/quote/000001.CN.md)
- [399001.CN](https://longbridge.com/en/quote/399001.CN.md)
- [399006.CN](https://longbridge.com/en/quote/399006.CN.md)

## Related News & Research

- [The Liquidity Vacuum: Why Friday’s Stock Market Selloff Was a Technical Glitch](https://longbridge.com/en/news/289098775.md)
- [AI robot cleaners leave the lab for China's living rooms](https://longbridge.com/en/news/289411813.md)
- [Tariff-jumping doesn't prove that tariffs work](https://longbridge.com/en/news/289620426.md)
- [European Shares Poised For Firm Start On Iran Peace Deal Hopes](https://longbridge.com/en/news/289551744.md)
- [Cooling the AI Era: Why Smart Water Use Matters for Data Centers and Chip Manufacturing](https://longbridge.com/en/news/289604296.md)