Asia stocks rallied in the afternoon: FTSE China A50 jumped, South Korea's KOSPI staged a deep-V rebound from earlier >5% losses to gain over 1% while Samsung Electronics rose about 4%; Japan turned positive and US equity futures flipped higher. Market participants cited two catalysts: South Korea's market-stabilisation actions — likely the primary driver — and large-scale buying of A‑share ETFs. Data from Xingzheng JinGong showed July 13 net inflows into core mainland ETFs of roughly CNY 8.49 b

Asia stocks rallied in the afternoon: FTSE China A50 jumped, South Korea's KOSPI staged a deep-V rebound from earlier >5% losses to gain over 1% while Samsung Electronics rose about 4%; Japan turned positive and US equity futures flipped higher. Market participants cited two catalysts: South Korea's market-stabilisation actions — likely the primary driver — and large-scale buying of A‑share ETFs. Data from Xingzheng JinGong showed July 13 net inflows into core mainland ETFs of roughly CNY 8.49 bln to a CSI 300 ETF, CNY 7.35 bln to a CSI 500 ETF and CNY 11.92 bln to a CSI 1000 ETF, suggesting sizable investor buying interest at current levels.