Asia Stocks Tumble on Tech Selloff; Hong Kong Gains on China 

Asia Markets Mixed as Japan, Korea Tumble on Tech Weakness; Hong Kong Rises on China PMI Boost

Introduction

Asia stocks opened the week mixed, with sharp losses in Japan and South Korea dragging regional sentiment lower, while Hong Kong rallied on upbeat Chinese factory data.

📉 Japan and South Korea Lead Tech Selloff

The Nikkei 225 in Tokyo fell by nearly 2%, pressured by sharp losses in major tech and export names. Shares of Advantest Corp. dropped over 9%, and SoftBank Group declined almost 7%. The broader TOPIX index also shed 0.8%.

In South Korea, the KOSPI slid 1.1%, weighed down by chip stocks. Samsung Electronics lost 2.5%, and SK Hynix plunged 4.5% after the U.S. withdrew approvals for semiconductor equipment exports to their China plants.

🇦🇺 Other Regional Movers

• Australia’s ASX 200 declined 0.7%, following the global tech trend.
• Singapore’s Straits Times Index was flat.
• India’s Nifty 50 edged up 0.4%, bucking the broader trend.

📊 Hong Kong Surges on China Factory Data

Hong Kong’s Hang Seng Index jumped 2%, outperforming the region after a private PMI survey showed China’s manufacturing sector grew in August at its fastest pace in five months. This surprised markets after the official data showed a fifth month of contraction.

Mainland indices were more subdued:

• Shanghai Composite rose 0.1%
• CSI 300 remained largely flat

Traders interpreted the PMI uptick as a possible inflection point for Chinese industrial demand.

📌 Market Outlook

Investors remain cautious ahead of key U.S. labor and macroeconomic reports, as well as ongoing uncertainty surrounding global trade and tariff policies. Meanwhile, U.S. stock index futures edged higher during Asian trading hours, offering a glimmer of support.

🔗 Learn More: Market Trends & Trading Strategies

At FastPip, we provide real-time trading insights, professional signals, and copy trading tools tailored for global markets — including Asia. Stay informed and turn volatility into opportunity.

👉 Visit the FastPip Blog
👉 Visit the FastPip Signals