"Asian Stocks" Asian stocks generally rose, Oracle raised its revenue guidance, stimulating semiconductor stocks in the region, and the Taiwan stock market rose over 4%

Asian stock markets generally rose today (11th), with US stock Oracle (ORCL.US) raising its annual revenue guidance, leading to significant gains in semiconductor stocks in the Asia-Pacific region. The Taiwan stock market rose over 4%, while South Korean and Japanese stocks increased by 3.8% and 2.6%, respectively.

The 14th National Committee of the Chinese People's Political Consultative Conference concluded, with the RMB to USD central parity rate reaching a nearly three-year high. The People's Bank of China conducted a seven-day reverse repurchase operation, netting 14 billion RMB in a single day. The Shanghai Composite Index rose 2 points to 4,125 points; the Shenzhen Component Index increased by 121 points or 0.8% to 14,476 points. The Hong Kong Hang Seng Index rose 21 points or 0.1% to 25,981 points, with a turnover of 147.5 billion HKD. The Taiwan Weighted Index continued to rise by 1,410 points or 4.3% to 34,181 points. Taiwan Semiconductor rose by 5.1%, with the company's revenue last month increasing by 22% year-on-year. Hon Hai and MediaTek rose by 4.8% and 3.8%, respectively, while Delta Electronics rose by 8.9%.

The Japanese Nikkei Index continued to rise in the afternoon by 1,407 points or 2.6% to 55,655 points. Semiconductor-related stocks led the gains, with SoftBank and Kioxia rising by 9.1% and 10.3%, respectively, while Advantest, Renesas Electronics, and Disko rose by 5.5% to 5.7%. Wire stocks such as Furukawa Electric and Sumitomo Electric rose by 11% and 10%, while Fujikura rose by 8.6%.

The South Korean KOSPI continued to rise by 208 points or 3.8% to 5,741 points. Applied Materials (AMAT.US) partnered with Micron (MU.US) and SK Hynix to develop a new generation of AI chips, with SK Hynix rising by 4.2%. SK Square and Samsung Biologics each rose by 6%, while Samsung Electronics rose by 2.7%.

The Indian Nifty 50 Index fell by 193 points or 0.8% to 24,067 points. Tata Consumer Products and automotive stock Mahindra fell by 1.5% and 2.7%, respectively, while telecom stock Bharti Airtel fell by 1.3%. The Australian S&P/ASX 200 Index rose by 45 points or 0.5% to 8,738 points at the close. Mining stocks BHP and gold mining stock Newmont rose by 1.3% and 1.5%, respectively, while ANZ rose by 1.9% and the National Australia Bank rose by 1%. The New Zealand Exchange 50 Index rose by 198 points or 1.5% to 13,293 points at the close.

The Singapore Straits Times Index fell slightly by 1 point in the afternoon to 4,859 points. DBS and OCBC Bank each fell by less than 0.1%. Jardine Matheson reported an 11% increase in basic net profit last year and raised its dividend, but its stock price fell by 6.6%. In other Southeast Asian markets, the Malaysian stock market rose by 0.1%, the Indonesian stock market rose by less than 0.1%, while the Thai and Philippine stock markets rose by 1.1% and 1%, respectively. The Hanoi and Ho Chi Minh stock markets in Vietnam rose by 1.4% and nearly 2%