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Hong Kong stocks opened higher, with the Hang Seng Index up 0.26% and the Tech Index up 0.64%. CSPC Pharmaceutical Group (01093.HK) and Li Auto (02015.HK) both rose more than 3%, while Laopu Gold (06181.HK) fell nearly 13%.

2026-07-28

Hong Kong stocks opened higher, with the Hang Seng Index up 0.26% and the Tech Index up 0.64%. CSPC Pharmaceutical Group (01093.HK) and Li Auto (02015.HK) both rose more than 3%, while Laopu Gold (06181.HK) fell nearly 13%.

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2026-07-28

USGS: A magnitude 5.8 earthquake occurred in the Puerto Madro region of Mexico.

USGS: A magnitude 5.8 earthquake occurred in the Puerto Madro region of Mexico.
2026-07-28

Japan and South Korea equities plunged as concerns about a major NVIDIA AI supply agreement and intensifying competition hit chip names. The Nikkei 225 fell up to 4% to its weakest since May 22, TOPIX slid as much as 2.7% and the KOSPI tumbled as muc

Japan and South Korea equities plunged as concerns about a major NVIDIA AI supply agreement and intensifying competition hit chip names. The Nikkei 225 fell up to 4% to its weakest since May 22, TOPIX slid as much as 2.7% and the KOSPI tumbled as much as 7.6%, its lowest since April 20. Semiconductor and equipment stocks led losses: Tokyo Electron, Kioxia, Samsung Electronics and SK Hynix were down more than 9% at intraday lows; SK Hynix briefly plunged ~30%, its largest single-day drop on record, and Kioxia fell ~18%, its biggest since November. A wave of AI-related deals worth over $750bn coincided with a spike in NVIDIA credit-default-swap costs, weighing on tech shares. Nomura Asset Management strategist Hideyuki Ishiguro said reports of a major NVIDIA investment transaction raised perceived credit risk and warned Chinese advances in semiconductor manufacturing equipment threatens Japan’s long-standing supplier advantage.
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