Risk Appetite Recovers, Asia-Pacific Stocks Surge Significantly

According to Odaily, as global markets stabilize and concerns over AI spending ease, market risk appetite saw broad recovery on Tuesday. Japanese and South Korean stock markets rebounded sharply from yesterday's levels. The South Korean KOSPI index closed up 6.84% at 5,288.08 points. Chipmakers Samsung Electronics and SK Hynix were the biggest contributors. Samsung's stock price surged as much as 10% intraday, marking its largest single-day gain since March 2020. The Nikkei 225 index closed up 3.92% at 54,720.66 points, hitting a record high. The Taiwan Weighted Index closed up 1.81% at 32,195.36 points. (Jin10)