ASIA MARKET OPEN | TAIEX Opens More Than 400 Points Higher, Hang Seng Opens Down 202 Points; KOSPI Turns Higher After Weak Start

According to Kabutan, Yonhap and HKET, Tokyo's Nikkei 225 opened Wednesday at 60,525.30, up 65.72 points, rising for a third straight session, while the broader TOPIX opened at 3,898.91, up 5.20 points. Shiseido, Toray, Sanrio, Tokio Marine, Nintendo and Sony Group advanced, while SoftBank Group, Sumitomo Metal Mining, Fujikura, Advantest and Tokyo Electron declined. The dollar traded around 158.70 yen. Seoul's KOSPI opened 29.42 points, or 0.56%, lower at 5,209.71, then turned higher to trade at 5,252.84 as of 9:15 a.m. local time, up 13.71 points, or 0.26%. U.S. consumer prices rose a higher-than-expected 0.3% in October from the previous month. Samsung Electronics fell 0.2% and SK hynix declined 0.5%, while Hanwha Aerospace dropped 1.37%; Hyundai Mobis rose 1.99% and POSCO Holdings gained 1.29%. Hong Kong stocks opened lower, with the Hang Seng Index down 202 points at 24,354 and the Hang Seng Tech Index down nearly 1% at 4,045. HSBC fell more than 1% and Zijin Mining lost more than 2%, while CATL bucked the trend, rising more than 2%. Zhipu gained 4% to reclaim HK$500, and MiniMax rose more than 2%. Newly listed Xinhehua opened more than 27% higher on its debut. Taiwan's TAIEX opened at 43,135.76, up 423.84 points, and later reached 43,384.53. TSMC rose NT$45 to NT$2,330, MediaTek gained NT$75 to NT$3,905 and Hon Hai added NT$0.5 to NT$242. In mainland China, all four major A-share indexes opened lower, with the Shanghai Composite down 0.22%, the Shenzhen Component down 0.32%, the ChiNext Index down 0.17% and the STAR Composite down 0.44%.