"Asian Stocks" Mixed Developments in Asia-Pacific Stock Markets, Japanese Stocks Retreat, Indonesian Stock Market Hits Record High
The Asia-Pacific stock markets showed mixed developments, with the Taiwan and South Korean markets performing well, while the Japanese market retreated. The People's Bank of China conducted large-scale reverse repurchase operations. The Shanghai Composite Index and Shenzhen Component Index rose slightly, while the Hong Kong Hang Seng Index fell. Stocks such as Taiwan Semiconductor and MediaTek rose in Taiwan's market. The Nikkei Index declined, with AI concept stocks showing mixed performance. The South Korean Kospi Index rose, with Hyundai Motor reaching a new intraday high. The Australian stock market rose slightly, while mining stocks fell. The New Zealand stock market declined. The Indian stock market rose slightly. Southeast Asian stock markets showed mixed performance, with the Indonesian stock market reaching a new intraday high