- Taiwan’s TAIEX surged 2.55 percent to a record 49,712.04 points, driven by a rebound in US technology shares and strong local buying momentum.
- Weak US jobs data reduced expectations for a Federal Reserve rate hike, while TSMC led the gains by rising 3 percent to a record NT$2,575.
- Foreign institutional investors bought a net NT$71.9 billion of Taiwan shares, supported by the government raising this year’s economic growth forecast to 11.05 percent.
- Hong Kong stocks opened higher following Wall Street's gains, with the HSI up 38 pts at 25,890.
- Major tech stocks showed mixed performance, while oil stocks declined due to reports regarding the Strait of Hormuz.
- ZJ INNOLIGHT plunged nearly 15% amid potential US import bans on Chinese data center components.