"Asian Stocks" Asia-Pacific stock markets rise, Taiwan's stock market breaks 30,000 points, along with South Korea, Singapore, and Indonesia's stock markets also reaching new highs

The Consumer Electronics Show in the United States is about to open, and the market is looking forward to new technology releases. The Asia-Pacific stock markets have risen, driven by technology stocks, with South Korea, Taiwan, Singapore, and Indonesia hitting new highs.

Last month, the unofficial services PMI in mainland China fell to a six-month low. The Shanghai Composite Index rose by 42 points or 1.1% to 4,011 points; the Shenzhen Component Index rose by 252 points or 1.9% to 13,777 points. The Hang Seng Index in Hong Kong fell by 21 points or less than 0.1% to 26,316 points, with a turnover of HKD 155.5 billion. The weighted average index of Taiwan's stock market rose by 883 points or 3% to 30,233 points, reaching a new high of 30,339 points during the session. Taiwan Semiconductor rose by 6% to NT$1,680, hitting a new high of NT$1,695 during the session. MediaTek rose by 4.1%, and Hon Hai rose by 1.1%.

The Nikkei Average in Japan rose by 1,388 points or 2.8% to 51,727 points. Advantest and Tokyo Electron rose by 7.7% and 7.4%, respectively, while Renesas Electronics rose by 6.6% and Kioxia rose by 11.3%. The South Korean Composite Stock Price Index rose by 127 points or 2.9% to 4,437 points, reaching a new high of 4,439 points during the session. SK Hynix rose by 2.1%, and Samsung Electronics rose by 6.2%. Doosan Heavy Industries, involved in the power business, rose by 9.4%. The Nifty50 index in India fell by 21 points or less than 0.1% to 26,306 points. IT service stocks Infosys and HCL Technologies fell by 2.8% and 2.5%, respectively.

The S&P/ASX 200 index in Australia rose by 5 points or less than 0.1% to 8,733 points. The NZX 50 index in New Zealand rose by 38 points or 0.3% to 13,587 points.

The FTSE Straits Times Index in Singapore rose by 28 points or 0.6% to 4,684 points, reaching a new high of 4,686 points during the session. DBS Bank and UOB rose by 0.7%, while Sembcorp Industries and City Developments rose by 3.3% and 2.2%, respectively. The Malaysian stock market rose by 0.4%. The Indonesian stock market rose by 0.6%, with the Jakarta Composite Index reaching a new high of 8,816 points. The Thai and Philippine stock markets rose by 2% and 1.5%, respectively, while the Hanoi stock market in Vietnam rose by less than 0.1%, and the Ho Chi Minh stock market rose by 0.3%