ASIA NIGHT SESSION | Hang Seng Futures Rise 503 Points, KOSPI 200 Night Futures Fall 1.66%

According to Yonhap, HKET and Yahoo Finance Taiwan, the U.S. Democratic Party won control of both chambers of Congress in the midterm elections, and President Donald Trump said he would accept the results. Oil prices fell on expectations of an early end to the Iran war, with December WTI futures down 8.29% at $88.12 a barrel and January Brent futures down 8.67% at $94.62. Japanese index futures advanced in night trade. The Osaka Exchange's December 2026 Nikkei 225 futures ended the night session at 63,110, up 660 points from the previous day and 921.37 points above the Nikkei Stock Average's cash close of 62,188.63. Yen-denominated Chicago Nikkei 225 futures stood at 63,130, 680 points above the Osaka close. KOSPI 200 night futures fell 1.66%, while the MSCI South Korea ETF declined 1.90% and SK Hynix's American depositary receipts (ADRs) dropped 5.12%. The KOSPI rose 35.01 points, or 0.62%, to close at 5,683.80 in the previous session. Mirae Asset Securities managing director Seo Sang-young said U.S. stock gains, the sharp fall in oil prices and steadier Treasury yields should support sentiment, but the steep drop in chipmakers on new-facility regulation concerns weighs on the market. Hang Seng Index night futures closed up 503 points at 24,425. HKEX data showed November Hang Seng Index futures traded between 23,927 and 24,519 in the after-hours session, on volume of 27,444 contracts. The NASDAQ Golden Dragon China Index rose 3.5% to 5,722. Among ADRs, Meituan's ADR was equivalent to HK$77.90, 3.59% above its Hong Kong close; Tencent's ADR was at HK$411.31, up 2.42%; the HSBC ADR was at HK$140.22, up 2.80%; and Alibaba's U.S. shares were at HK$103.25, up 2.63%. Front-month TAIEX futures closed the night session at 43,404, up 201 points or 0.47%, trading between 43,141 and 44,274 on volume of 66,939 contracts. TSMC futures rose NT$1 in the night session. The TAIEX fell 358.63 points, or 0.83%, to close at 42,948.91 in the previous session.