Nikkei, Topix, Kospi: Asiatische Aktien geben nach – Anleger vor Quartalsergebnissen vorsichtig

The Asian stock markets experienced a sell-off on Thursday, reversing their initial gains. Differing reactions to business results from the artificial intelligence sector caused investor uncertainty. Alphabet's Google parent company faced a ten percent drop in its share price in after-hours trading, reducing its market value by nearly 400 billion dollars.

The Shanghai Stock Exchange in China slipped 0.9 percent to 3,647.12 points. The Hong Kong Hang Seng Index gained 0.2 percent. The CSI 300 index of the 300 largest Chinese companies on mainland exchanges dropped 1.2 percent to 4,035 points. The broader MSCI KOSPI index fell 2.6 percent. The South Korean exchange struggled with a notable decline as well.

In Tokyo, the 225-stocked Nikkei Index fell 0.2 percent to 64,106 points after Advantest, a chip manufacturer, raised its profit forecast. The broader Topix fell 0.3 percent at 3,978 counts. Samsung Electronics reported record profits that nearly quadrupled in the third quarter, yet its stock fell 4.13 percent as net profit exceeded analyst expectations.

SK Hynix's shares also saw a portion of their gains erased, but they still gained 1.14 percent. The MSCI index for Asian stocks outside of Japan declined 0.7 percent. Advantest's shares rose 5.4 percent after the company revised its annual profit forecast upwards by 14 percent. However, many other chip and AI-related stocks reversed their initial gains.

Tokyo Electron's shares fell 0.9 percent, SoftBank Group's declined 0.6 percent, and Hitachi's stocks dropped 8.7 percent despite a profit forecast raise.