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StreetAccount Summary - Asian Market Recap: Nikkei (0.05%), Hang Seng (0.13%), Shanghai Composite (0.88%) as of 04:10 ET

Oct 14 ,2026

  • Synopsis:

    • Asia equities fell into the close Wednesday despite a bright start. South Korea's Kospi and Japan's Nikkei 225 initially moved higher before gains were reversed in the afternoon session. Losses for mainland China and Australia. Singapore and Hong Kong ended flat. Taiwan stayed higher and several Southeast Asia benchmarks also closed with gains. US futures positive, Europe opened with gains. US dollar flat; AUD and NZD rallying and rupee stronger again. Treasury yields lower at the long end, higher at the short; JGB yields higher across tenors. Crude futures higher with Brent hovering around $106.5/bl. Precious metals higher, base metals mixed.

    • Technology stocks opened with gains Wednesday but reversed course after ASML posted strong quarterly earnings however its revised 2026 sales outlook and vague 2027 forecast failed to meet expectations. Samsung Electronics (005930.KS) ended flat but SK Hynix (000660.KS) Tokyo Electron (8035.JP) and Kioxia (285A.JP) all ended lower on read across. Equities also hampered by elevated Brent crude prices which hovered around $106/bl all day with the impact on inflation laid bear by China's producer price inflation print today as well as MAS's reminder that inflation could last well into 2027.

    • In macro developments, China September exports rose 36.3% y/y to a seven-month high $447.2B as AI-related shipments surged while imports rose 31.0% y/y to $313.7B to produce the highest trade surplus in more than 18 months. September consumer inflation rose to 0.9% from 0.8% in August but food prices contracted by 1.7% as pork prices continued to contract sharply; PPI rose to 5.0% from 3.8% on higher fuel prices. Singapore's MAS left its policy settings on hold against expectations for a slight tightening and said it forecast inflation to remain elevated until H2-27; the country's Q3 GDP growth of 5.4% was lower than Q2's reading but remained at MAS' high end of expectations and beat most market forecasts. India wholesale inflation leapt to above 11% y/y in September.

    • Hitachi (6501.JP) CEO said its energy unit is developing smaller module-type nuclear reactors as Japan public sentiment has shifted on recent high energy costs. Olympus (7733.JP) received a fresh warning from the FDA that covered six of its sites regarding its quality management system. Palliser Capital has asked Samsung Electronics (005930.KS) to issue ADRs at a premium and use the proceeds to buy back and cancel preferred shares to improve capital efficiency and governance. Rio Tinto (RIO.AU) is to maintain copper output, sees iron ore sales rise, and said lithium output would be at the lower end of previous guidance. Hyundai Motor (005380.KS) said it is to invest $15B into India over next five years. Princeton Digital Group (0LJDJV-E) is seeking a syndicated loan of up to $1.2B to fund a 198.8-megawatt data center in Malaysia's Johor state. Hongkong Land (H15.SP) is in talks to purchase majority stakes in several central Singapore properties worth more than S$2B.

  • Digest:

    • Notable Gainers:

      • +5.4% 3350.JP (Metaplanet): launches up to ¥60B on-market share buyback to run until 13-Oct-27; to issue Euro-Yen 0% convertible bonds due 2031 to raise ¥51.90B

      • +4.5% 002812.CH (Yunnan Energy New Material): guides 9M net income attributable CNY1.54-2.05B vs year-ago (CNY86.3M)

      • +2.3% 2885.TT (Yuanta Financial Holding): reports September net income NT$5.02B; StreetAccount notes the year-ago figure was NT$3.42B

      • +2.0% 336260.KS (Doosan Fuel Cell): launches KRW300.00B convertible note and KRW100.00B bonds with warrants due Nov-56

      • +0.9% 3382.JP (Seven & I Holdings): reports September Seven-Eleven Japan same-store sales +0.5% y/y

      • +0.6% 018670.KS (SK Gas): plans buyback and cancellation of KRW90B worth of shares by 2028

      • +0.5% 1816.HK (CGN Power): reports 9M total power generation 189.70B KWh, +3.8% y/y

    • Notable Decliners:

      • -13.5% 7733.JP (Olympus): receives new FDA warning letter

      • -9.6% 9926.HK (Akeso Inc): confirms placement of 20.0M shares at price of HK$97.76/share

      • -6.2% 8267.JP (AEON Co.): reports H1 earnings; food retail sales underperform in Q2

      • -4.8% 3086.JP (J. FRONT RETAILING): reports Q2 results; operating profit misses FactSet estimates

      • -1.9% 8306.JP (Mitsubishi UFJ Financial): reportedly evaluating options for majority stake in Shriram Finance

      • -1.8% 034730.KS (SK): parties affiliated with Michael Dell reportedly buyers of block of SK shares sold by SK Group Chairman Chey Tae-won

  • Data:

    • Economic:

      • China

        • September trade balance $133.5B vs consensus $118.1B and $119.1B in prior month

          • Exports +36.3% y/y vs consensus +25.5% and +25.0% in prior month

          • Imports +31.0% y/y vs consensus +24.5% and +28.2% % in prior month

        • September CPI +0.9% y/y vs consensus +1.0% and +0.8% in prior month

          • PPI +5.0% y/y vs consensus +4.4% and +3.8% in prior month

      • Singapore

        • Q3 GDP +5.4% y/y vs consensus +5.0% and revised +6.2% in prior quarter

          • GDP +1.1% q/q vs revised +1.5% in prior quarter

    • Markets:

      • Nikkei: (33.23) or (0.05%) to 67744.29

      • Hang Seng: (31.05) or (0.13%) to 24314.17

      • Shanghai Composite: (33.64) or (0.88%) to 3767.23

      • Shenzhen Composite: (42.24) or (1.81%) to 2286.87

      • ASX200: (56.00) or (0.64%) to 8727.90

      • KOSPI: (26.54) or (0.44%) to 6008.81

      • SENSEX: (374.49) or (0.51%) to 72659.29

    • Currencies:

      • $-¥: +0.02 or +0.01% to 158.3390

      • $-KRW: (6.97) or (0.52%) to 1334.3100

      • A$-$: +0.00 or +0.39% to 0.7007

      • $-INR: +0.05 or +0.05% to 95.0739

      • $-CNY: (0.00) or (0.01%) to 6.6916

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