Pony.ai debut, Hong Kong, WeRide, AI stocks

Asia-Pacific markets rose on Thursday, tracking gains on Wall Street AMDs Third-quarter earnings outpaced surging AI stocks.

Japan’s reference point Nikkei 225 While the index increased by 1.45%, the Topix index increased by 1.11%. SoftBank shares, which fell 10 percent on Wednesday, recouped their losses and gained 1.5 percent. AI-related companies also traded higher; Advantest, which provides test equipment to Nvidia, rose 3.73%, while chip equipment maker Disco Corp rose 4.59%.

South Korea’s Kospi index gave back its initial gains, trading close to the horizontal line after falling in the previous session. Shares of Nvidia supplier SK Hynix rose 3.11%.

Small-cap Kosdaq reversed course, falling 0.52%.

Australia’s ASX/S&P 200 rose 0.28%.

of hong kong Hang Seng Index It gained 0.72%, while the mainland CSI 300 was flat in early trading.

Shares of Chinese autonomous vehicle companies WeRide And pony.ai They were down over 12% and almost 8% respectively on their market entry in Hong Kong. Both companies are currently listed in the US.

Pony.ai raised gross proceeds of HK$6.7 billion (approximately $860 million) from its IPO. filing. WeRide Raised 2.4 billion Hong Kong dollars.

U.S. stock futures were little changed in early Asian trading after the Supreme Court expressed doubts about President Donald Trump’s tariffs and AI stocks rebounded from a sell-off driven by valuation concerns.

The Dow Jones Industrial Average closed at 47,311.00, up 225.76 points, or 0.48%, overnight. The S&P 500 index closed at 6,796.29 points with an increase of 0.37 percent, and the Nasdaq Composite index closed at 23,499.80 points with an increase of 0.65 percent.

— CNBC’s Sean Conlon and Sarah Min contributed to this report.