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2025-08-01 13:39:13
Asia-Pacific stock markets are generally under pressure, with the semiconductor sector leading the decline. 1. Major Asia-Pacific stock markets fell across the board on Friday, pressured by the new US tariffs and weak economic data. US President Trump announced differentiated tariffs across several economies, including a uniform 40% tariff on goods transshipped for tax evasion, sparking market concerns. Investors also awaited guidance from US non-farm payroll data tonight. 2. South Korean stocks led the decline, with the Kospi plummeting 3.5% to 3,131 points. The government's withdrawal of tax cuts triggered a sell-off, with technology stocks such as SK Hynix leading the decline. Japan's Nikkei fell 0.4%, with semiconductor equipment giant Tokyo Electron plunging 17.4%. The Taiwan stock market fell 0.7%, dragged down by semiconductor stocks, with TSMC and MediaTek both falling over 1%. Mainland Chinese stocks were relatively resilient, with the Shanghai Composite Index down 0.2% and the Hong Kong Hang Seng Index also slightly lower by 0.2%. 2. Southeast Asian markets showed mixed performance, with Indonesian and Malaysian stock markets bucking the trend and rising over 1%, while Thai and Vietnamese stock markets saw slight declines. Analysts pointed out that the differential impact of tariff policies on different economies will continue to ferment, and stocks related to the technology industry chain may continue to be under pressure in the short term.
