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StreetAccount Summary - Asian Market Preview: Nikkei Futures (0.80%), Hang Seng Futures (0.99%), ASX SPI 200 (0.70%), S&P Futures +0.38%

Apr 21 ,2026

  • Synopsis:

    • Asian markets set for negative start to Wednesday trade following cautious developments in Middle East . Futures signaling opening losses in Japan, Hong Kong and Australia. S&P 500 futures higher afterhours following broad declines in Tuesday trade. Australian bonds weakening after Treasury yields backed up following recent pullback. Crude extending rally in post-settlement trade. Gold and silver coming off earlier lows. FX markets steady after dollar strengthened. Bitcoin off lows.

    • Asia's tech-heavy benchmarks standout performers over recent sessions with Taiwan, Japan and South Korea rallying to fresh record highs. AI sentiment increasingly bullish with TSMC's revenue guidance upgrade reinforcing strong demand backdrop. More discussion about earnings tailwinds from multi-year memory shortage with JP Morgan upgrading Kospi price target. In US, focus has been on flurry of compute deals, capex discussions, and positive funding/valuation headlines..

    • Another busy day of Iran war headlines with President Trump announcing indefinite ceasefire extension, citing divisions within Iran's government that are impeding negotiations. Follows risk-off session that featured renewed doubts about diplomacy after US called off VP Vance's trip to Pakistan. Iran also reportedly refused to attend, citing unreasonable US demands and continued US blockade. Standoff raising doubts about prospects of peace deal with Trump saying blockade to remain in place during ceasefire.

  • Pre-open Company News:

    • 300724.CH -- Shenzhen S.C New Energy Technology reports preliminary FY net income attributable CNY2.62B vs FactSet CNY2.93B [7 est, CNY2.27-3.40B]

    • 1208.HK -- MMG Ltd reports Q1 copper production 111,878 tonnes, +5% y/y

    • 500790.IN -- Nestle India reports Q4 standalone EPS INR5.78 vs FactSet INR4.46 [8 est, INR2.91-5.20]

    • 179.HK -- Johnson Electric Holdings guides FY net income attributable $197-207M vs year-ago $263M

    • 500048.IN -- BEML secures INR5.90B order from Ministry of Defence for supply of trawl assemblies

    • 551.HK -- Yue Yuen Industrial (Holdings) releases 2025 ESG report

    • 000629.CH -- Pangang Group Vanadium & Titanium completes CNY100-200M buyback

    • 551.HK -- Yue Yuen Industrial (Holdings) guides Q1 net income attributable to decrease 50-55%, implying $34.1-37.9M vs year-ago $75.8M

    • 300498.CH -- Wen's Foodstuff Group reports Q1 net income attributable (CNY1.07B) vs year-ago CNY2.01B

    • 600050.CH -- China United Network Communications reports Q1 net income attributable CNY2.14B, (18%) vs year-ago CNY2.61B

    • 600515.CH -- Hainan Airport Infrastructure reports Q4 real estate business operating update

    • 300496.CH -- Thunder Software Technology releases 2025 ESG report

    • 000661.CH -- Changchun High-Tech Industry (Group) Co. reports Q1 net income attributable CNY275.7M, (42%) vs year-ago CNY472.7M

    • 300498.CH -- Wen's Foodstuff Group reports FY net income attributable CNY5.27B vs FactSet CNY5.79B [7 est, CNY4.93-8.02B]

  • On Deck:

    • China:

      • Economic:

        • 08:00 CST: Foreign Direct Investment Y/Y; consensus

      • Earnings:

        • Iflytek (002230.CH), Guangxi Guiguan Electric Power (600236.CH), NSING Technologies (300077.CH)

    • Hong Kong:

      • Earnings:

        • China Oilfield Services (2883.HK)

    • Japan:

      • Economic:

        • 08:50 JST: Trade Balance NSA (Preliminary); consensus +¥996.7T

        • 08:50 JST: Export NSA Y/Y (Preliminary); consensus +11.3%

        • 08:50 JST: Import NSA Y/Y (Preliminary); consensus +7%

      • Earnings:

        • DISCO Corp. (6146.JP), Canon Marketing Japan (8060.JP)

    • South Korea:

      • Earnings:

        • SK Hynix (000660.KS), Samsung Biologics (207940.KS)

    • Australia:

      • Earnings:

        • AMA Group (AMA.AU)

    • New Zealand:

      • Earnings:

        • ikeGPS Group (IKE.NZ)

    • India:

      • Earnings:

        • Tata Communications (500483.IN), Tech Mahindra (532755.IN), Oracle Financial Services Software (532466.IN), Trent Ltd (500251.IN)

    • Taiwan:

      • Earnings:

        • Parade Technologies (4966.TT)

  • Market Data:

    • Gold (Jun 26): +$27.90 or +0.59% to $4747.50

    • WTI Crude (May 26): $0.00 or 0.00% to $92.13

    • $-¥: +0.60 or +0.38% to 159.4260

    • $-KRW: +13.53 or +0.92% to 1485.8000

    • A$-$: (0.00) or (0.38%) to 0.7151

    • $-INR: +0.52 or +0.56% to 93.6228

    • $-CNY: +0.00 or +0.05% to 6.8207

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