Asian markets faced mixed performance on Thursday

Asian markets faced mixed performance on Thursday, with Chinese and Hong Kong stocks declining while Japanese and South Korean markets showed resilience.

Mainland China’s A-shares traded lower throughout the session, with the ChiNext Index dropping over 1%. Coal, gold, offshore equipment, and diesel generator stocks outperformed, while robotics, computing power, storage chips, and data-related stocks led losses.

Hong Kong’s three major indexes also fell, with the Hang Seng Index down 0.58%, the Hang Seng Tech Index losing 1.67%, and the Hang Seng China Enterprises Index slipping 0.48%. After hitting intraday lows, the indexes pared some losses. Coal stocks were among the few gainers, with China Coal Energy rising nearly 4%.

Japan’s Nikkei 225 edged down 0.08%, while the Topix Index rose 0.13%. Semiconductor-related stocks performed well, with Disco jumping over 5% and Advantest gaining nearly 4%. Tokyo Marine Holdings and Ishikawajima Heavy Industries rose more than 2%, while Mitsubishi Heavy Industries, UBS Group, and Sumitomo Mitsui Financial all gained over 1%. On the downside, Nissan and Mitsubishi Motors fell more than 3%.

South Korea’s Kospi was little changed, dipping 0.046% to close at 2,573.64.

As of the latest update, Singapore’s STI Index was up 0.12% at 3,837.64, while Malaysia’s FTSE Bursa Malaysia KLCI was up 1.90% at 1,513.00.