Nikkei, Kospi, Topix: AI fantasy and Meta plans lift Asian stock markets
Anthropic's initial public offering is taking shape and Meta is issuing new shares to finance additional AI data centers. This is boosting investor sentiment in Asia.
Asian stock markets rose on Tuesday, driven by the prospect of AI company Anthropic's IPO and Meta's massive $95 billion capital increase. The South Korean Kospi surged up to 5% to 5737 points, while Japan's Nikkei-Index gained 2.1% to 63,484 points and the Topix rose 0.7% to 4000 points. Shanghai's stock exchange fell 0.1% to 3693 points, and the CSI-300-Index remained nearly unchanged at 4098 points. Anthropic, behind the Claude chatbot, filed for a US IPO, reporting rapid revenue growth but also significant losses.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.