Japanese stocks fell for a second session as a Wall Street sell-off and rising oil renewed inflation concerns; equities had been trading near record highs. Cyclical sectors led losses, notably trading houses, banks and materials. Nomura senior strategist Takashi Ito said AI and semiconductor names, plus steelmakers and nonferrous-metal producers, could remain under selling pressure. He added that solid domestic corporate earnings prospects should cap declines, making a repeat of Wednesday’s shar

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A-shares gave up early gains and closed sharply lower. At the close, China’s Shanghai Composite fell 0.79%, Shenzhen Composite Index down 2.07%, ChiNext Index down 3.15% and the STAR 50 Index down 4.82%. Turnover on the Shanghai and Shenzhen bourses was 1.68 trillion yuan, up 244.1 billion yuan versus the prior session. More than 3,700 stocks declined. Semiconductor and CPO AI-hardware names underperformed, with optical-communications stocks leading losses; Yuanjie Technology, Changguang Huaxin, Dongshan Precision, Woge Optoelectronics and Junsheng Electronics hit limit-down. Tianfu Communication tumbled over 10% in the afternoon; memory-chip leader Changxin Technology (CXMT) slipped more than 8% intraday. Banks outperformed intraday, with Bank of China, Industrial and Commercial Bank of China and Hangzhou Bank making new highs.