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2026-07-10 18:08:58 Markets focused on the ADR listing of SK Hynix (SKHY.US) in the US on Fri (10th). Major Asia-Pacific stock markets were mixed today. Major Asia-Pacific stock markets showed divergent performance today. In China A-share markets, the Shanghai and Shenzhen markets turned lower in the afternoon, closing down 1% and 2.3% respectively, while the ChiNext Index widened its decline to 4.4%. Hong Kong stocks once rose nearly 470 points intraday, hitting a high of 24,499 points, but gains narrowed in the afternoon dragged by A-shares. The market closed up 144 points or 0.6% at 24,175 points. Taiwan stocks closed down 379 points or 0.8% at 45,354 points. The Nikkei index closed up 813 points or 1.2% at 68,557 points. S Korea stocks rose 2.5%, outperforming the region; Samsung rose 2.5%, while SK Hynix fluctuated and edged down 0.3%. Singapore stocks rose 0.65% to close at 5,469 points, repeatedly setting record closing highs. DJIA futures are now up less than 0.1%, while S&P 500 futures and Nasdaq futures fell 0.1% and 0.4% respectively. The market expects capital in memory stocks may be repositioned toward the SK Hynix ADR. Memory stocks moved lower in pre-market trading, with Micron Technology, Inc. (MU.US) and Sandisk Corporation (SNDK.US) falling 1.8% to 2.5% pre-market. Major European stock markets lacked direction in early trading on Friday, with the pan-European STOXX 600 Index edging down less than 0.1%. The UK's FTSE 100 Index edged down 3 points to 10,469 points. France's CAC remained steady at 8,326 points. Germany's DAX fell 0.2% to 25,070 points. Italy's FTSE MIB rose 0.5% to 52,626 points. Spain's IBEX 35 rose 0.3% to 19,385 points. (da/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |