Tech stocks surge in Asia after SK hynix profit jump
Briefing by News4U · First published
RTHK Finance reports Asian markets rose on Wednesday after SK hynix posted a 632 percent profit surge, lifting AI-related shares.
RTHK Finance reported that technology stocks surged across Asia on Wednesday after SK hynix posted a 632 percent jump in third-quarter operating profit to US$62.8 billion, driven by demand for advanced semiconductors. [1]
Hong Kong's Hang Seng Index rose 0.23 percent to 23,094 points, the Hang Seng China Enterprises Index gained 0.32 percent to 7,791 points, and the Hang Seng Tech Index climbed 1.40 percent to 3,853 points. Mainland markets also advanced, with the Shanghai Composite up 0.91 percent to 3,681 points and the Shenzhen Component Index gaining 2.02 percent. [1]
Sources
- Tech stocks soar pushing regional bourses higher
RTHK Finance · · Excerpt