Back to Daily DR Market Summary

StreetAccount Summary - Asian Market Recap: Nikkei +2.33%, Hang Seng (0.13%), Shanghai Composite +0.32% as of 03:10 ET

Nov 09 ,2026

  • Synopsis:

    • Asia equities ended broadly higher Monday. Japan's two main benchmarks and Taiwan's Taiex both ended much stronger but the Kospi fell into the close. Australia was flat, Greater China boards were mixed in a quiet day's trading. New Zealand fell a little as general election results trickled through. Southeast Asia mixed, India seeing some profit taking after a stellar run. Singapore and Malaysia closed for holidays. US futures higher, Europe opened lower. US dollar a little weaker, NZD and AUD rallying, yen stronger late on. Treasury and JGB yields higher across tenors. Crude futures mixed. Precious metals rallying but off their peaks. Base metals mixed. Cryptocurrencies higher.

    • Asia equites bounced back from last week's late selloff with substantial gains in Japan and Taiwan, but fell into the close in Seoul. TSMC (2330.TT) a noticeable outperformer on reports it is considering the development advanced memory chips while moves by authorities to curb short selling and to adopt stabilization measures to restore confidence also provided support. More broadly in the AI line, concerns over US state moratoriums on new data centers eased on conciliatory remarks from several incoming US governors. Elsewhere, investors searching for a fresh direction following last week's domestic political upheaval in the US and reports over the weekend Nvidia will launch an internal investigation into its CEO Huang on reports he may have been the target of a Chinese spy.

    • Traders also pausing to see oil's next direction after President Trump said he was highly unlikely to order fresh attacks on Iran if talks progress, but Secretary of State Rubio said a breakthrough in talks were unlikely. Elsewhere, China's producer inflation surged to beat consensus on the high oil price but consumer inflation remained subdued. Taiwan's October exports surged more than 75% y/y as the AI related rally continued. A RBA assistant governor Hunter warned the AI boom would keep inflation elevated in the near term.

    • Mitsui Chemicals (4183.JP) with the aid of the Development Bank of Japan is to buy JSR Corp (05HWN9-E) for ¥1.84T ($12B) from JIC Capital in cash for a stake that will be converted to preferred shares without voting rights. DeepSeek (+DEEPSEEK) AI agent platform now has more than 1.5M daily users (Bloomberg). SoftBank (2914.JP) and ABB explore China carveout option to save robotics deal (Bloomberg). Japan Tobacco (9984.JP) shares untraded as Russia places local entities under temporary administration (Reuters).

  • Digest:

    • Notable Gainers:

      • +17.7% 6315.JP (Towa Corp): reports H1 results with robust orders; raises FY guidance

      • +14.4% 4912.JP (Lion Corp.): reports 9M results; revenue +7% y/y; to launch buyback of up to 16.0M-shares or ¥20.00B

      • +12.9% 639.HK (Shougang Fushan Resources Group): to consider special dividend at 18-Nov board meeting

      • +5.8% 3738.HK (Vobile Group): preliminary Q3 total revenue +32% y/y

      • +5.3% 002463.CH (WUS Printed Circuit (Kunshan)): chairman Chen Meifang proposes CNY500M-1B on-market share buyback

      • +0.4% 3993.HK (CMOC Group): launches CNY1-2B buyback

    • Notable Decliners:

      • -20% 096530.KS (Seegene): reports Q3 results

      • -16% 196170.KS (Alteogen): US reportedly tightens price-negotiation criteria for drugs that convert IV medicines into SC formulations

      • -8.9% 079550.KS (LIG Defense & Aerospace): reports Q3 operating profit and revenue below StreetAccount estimates

      • -8.5% 4183.JP (Mitsui Chemicals): Mitsui Chemicals, Development Bank of Japan to buy JSR for ¥1.840T from JIC Capital

      • -7.7% 3288.JP (Open House Group): reports FY results with revenue below FactSet estimates; next FY operating profit projections also misses

      • -4.2% 9984.JP (SoftBank Group): ABB, SoftBank may reportedly carve China out so as to preserve robotics deal; reportedly in talks to invest hundreds of millions in OpenAI's latest funding round

      • -1.2% 123.HK (Yuexiu Property): reports October contracted sales CNY12.21B, (0.7%) y/y

  • Data:

    • Economic:

      • China October

        • CPI +0.7% y/y vs consensus +0.8% and +0.9% in prior month

          • PPI +5.7% y/y vs consensus +5.3% and +5.0% in prior month

    • Markets:

      • Nikkei: 1,340.73 or +2.33% to 58775.50

      • Hang Seng: (32.91) or (0.13%) to 24448.95

      • Shanghai Composite: 11.61 or +0.32% to 3660.79

      • Shenzhen Composite: (0.97) or (0.05%) to 2133.91

      • ASX200: 8.90 or +0.10% to 9029.70

      • KOSPI: (40.84) or (0.81%) to 5018.85

      • SENSEX: (387.45) or (0.48%) to 80611.95

    • Currencies:

      • $-¥: (0.57) or (0.36%) to 157.9190

      • $-KRW: (14.47) or (1.06%) to 1349.3270

      • A$-$: +0.00 or +0.26% to 0.6885

      • $-INR: +0.01 or +0.01% to 94.0603

      • $-CNY: (0.00) or (0.03%) to 6.6734

This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy, timeliness or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
Please refer to "Terms Of Use".

DEPOSITARY RECEIPTS:
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE