Asia-Pacific stock markets saw semiconductor stocks plunge sharply: Samsung Electronics fell over 6%, SK Hynix dropped nearly 10%
According to MSX.COM data, most major Asia-Pacific stock indices declined today. A-shares and Hong Kong stocks experienced volatility throughout the day, with the Nikkei 225 index dropping nearly 900 points intraday and the Korea Composite Stock Price Index falling over 5.5%.
Specifically, by the close, the ChiNext index fell over 3%, the STAR Composite Index and the Shenzhen Component Index dropped over 2%, and the Shanghai Composite Index declined about 0.7%. The trading volume on the Shanghai and Shenzhen stock exchanges reached 3.07 trillion yuan, an increase of 311.5 billion yuan from the previous trading day. More than 3,200 stocks across the market rose. The robotics concept surged against the trend, with Zhongda Lide hitting its daily limit twice in four days, while Leader Drive, Keli Motor, and Guangyang shares hit their daily limits. Semiconductor industry chain sectors such as memory chips and CPO led the declines, with Wit-O dropping nearly 13%, Biwin Storage and Longsys falling over 8%, and the trillion-yuan heavyweight Zhongji Innolight declining nearly 8%.
In Hong Kong stocks, a broad sell-off in semiconductors caused the Hang Seng Tech Index to expand its afternoon decline to 2%. As of press time, Uboholdings fell nearly 15%, Montage Technology and GigaDevice dropped over 9%, Hua Hong Semiconductor declined over 7%, and SMIC fell over 6%. The AI application sector continued to slide, with MINIMAX-W falling over 15%, Xunce dropping over 10%, and Zhipu declining over 9%.
In Japanese and South Korean stock markets, semiconductor stocks broadly declined, with SK Hynix falling nearly 10%, Samsung Electronics and Tokyo Electron dropping over 6%, and Advantest declining nearly 5%.
