"Asian Stocks" Asia-Pacific stock markets rise, Hong Kong stocks hit record highs, multiple Taiwanese memory stocks hit the limit up, Philippine stocks rebound

The U.S. government is on the verge of restarting, and with the latest disappointing private job data, hopes for a Federal Reserve rate cut have been reignited. The Dow Jones Industrial Average rose 1.2% on the night of the 11th, reaching a new market high. The Asia-Pacific stock markets rose today (12th), with Singapore and New Zealand stock markets hitting new highs.

The People's Bank of China conducted a net injection of 130 billion yuan through a seven-day reverse repurchase operation. The Shanghai Composite Index closed at 3,993 points, down 9 points or 0.2%; the Shenzhen Component Index closed at 13,146 points, down 142 points or 1%. The Hong Kong Hang Seng Index rose 166 points or 0.6%, closing at 26,863 points, with half-day trading volume of 137.5 billion yuan. The Taiwan Weighted Index rose 269 points or 1%, closing at 28,054 points. TSMC and Hon Hai rose 1.4% and 1.6%, respectively, while MediaTek rose 1.2%. Memory-related stocks such as Powerchip, Transcend, and Etron, as well as electronics stock HTC, each rose by 9.8% to 10%, hitting the daily limit.

The Japanese Nikkei Index fell 22 points or less than 0.1% in the afternoon, closing at 50,820 points. SoftBank, which sold off NVIDIA, fell 3%, while Tokyo Electron and Advantest fell 1.8% and 2.5%, respectively. Sony and Mitsubishi UFJ Financial Group rose 1.9% and 2.9%.

The South Korean Kospi Index rose 29 points or 0.7%, closing at 4,136 points. Hyundai Motor and Kia rose 2.8%, while KB Financial Group and Shinhan Financial Group, the parent companies of National Bank, each rose over 3%.

The Indian Nifty 50 Index rose 144 points or 0.6%, closing at 25,839 points. Adani stocks surged, with Adani Enterprises and Adani Ports and Special Economic Zone rising 5.7% and 2.5%, respectively. IT service providers Tata Consultancy Services, Tech Mahindra, and Infosys rose 1.3% to 2.4%.

The Australian S&P/ASX 200 Index fell 7 points or less than 0.1% at the close, closing at 8,811 points. Commonwealth Bank of Australia fell 1.5%, while mining stock Rio Tinto rose 2.3%, and gold mining stock Newmont rose 1.6%. The New Zealand Exchange 50 Index rose 67 points or 0.5% at the close, closing at 13,671 points, having reached an intraday high of 13,692 points, a record high.

The Singapore Straits Times Index rose 17 points or 0.4%, closing at 4,559 points, having reached an intraday high of 4,564 points, a record high. Singapore Telecommunications rose 1.7%, with a 1.76 times increase in profit for the first half of the fiscal year ending in September. The Malaysian and Thai stock markets fell 0.2% and 0.4%, respectively, while the Indonesian stock market rose 0.5%. The Hanoi Stock Index (HNX) and Ho Chi Minh Stock Index (VNI) in Vietnam rose 0.7% and 0.8%, respectively. The Philippine stock market rebounded 1.2% from a five-year low, closing at 5,695