{
  "id": 16730346,
  "title": "Anthropic’s IPO filing lifts stocks across Asia—except for China",
  "url": "https://urgent.news/2026/10/27/anthropics-ipo-filing-lifts-stocks-across-asia-except-for-china",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-27T08:39:26.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/10/27/anthropic-ipo-filing-lifts-asia-stocks-except-for-china/"
  },
  "original_language": "en",
  "account": "Asian markets experienced a rally on Tuesday following Anthropic's filing for an initial public offering (IPO), providing a boost to AI, tech, and semiconductor shares across the region. South Korea's KOSPI gained 3.1%, with chipmakers Samsung Electronics and SK Hynix soaring by 4.2% and 5.2%, respectively. The momentum also stemmed from positive third-quarter economic data from South Korea, which indicated a 3.4% year-on-year growth in Q3 2026. This unexpected surge reversed a period of heavy losses in South Korean equity markets, with the KOSPI dropping 18.2% in the preceding month.\n\nJapan's Nikkei 225 also made gains, climbing by 1.7%, while SoftBank, which has confidence in AI for future growth, increased by 5.0%. Advantest, a company that produces semiconductor test equipment, surged almost 9%. Anthropic, a San Francisco-based firm behind the Claude AI, submitted its S-1 registration statement with the U.S. Securities and Exchange Commission on Monday. The filing revealed $16.3 billion in first-half revenue, up from $1.2 billion a year ago, alongside a narrowing of operating losses to $693 million from $2.1 billion the previous year, and a net loss of $80.7 billion. Anthropic plans to list its Class A common stock on the Nasdaq Global Select Market under the symbol \"ANT,\" with reports suggesting a target valuation between $1.5 trillion and $2 trillion, potentially one of the largest IPOs on record.\n\nThe successful IPO of Anthropic may restore investor confidence in Asia's chipmakers, which have suffered due to concerns that Big Tech AI spending might slow down. According to Gary Ng, a senior economist for Asia Pacific at Natixis, a convincing outlook for Anthropic, with high profitability, could lead to increased spending on AI infrastructure, resulting in stronger sales and pricing for Japanese and South Korean semiconductor supply chains.\n\nHowever, Chinese stocks failed to benefit from the Anthropic filing. Hong Kong's Hang Seng Index declined by 0.7%, while mainland China's CSI 300 dropped by 1.3%. Even tech-related shares underperformed, with semiconductor manufacturer Semiconductor Manufacturing International Corporation suffering a 1.3% decline. The robotics company Unitree dropped 4.8%, and AI processor designer Cambricon fell by 5.7%. Z.ai, a Chinese AI developer behind the GLM family of models, was the sole exception, with its shares rising by 8.9%. The varying performance in China can be attributed to export controls that limit access to advanced chips, while local alternatives, such as DeepSeek, provide more affordable options for users.",
  "summary": "South Korea's KOSPI rose 3.1%, while Japan's Nikkei 225 jumped by 1.7%. Markets in Hong Kong and mainland China fell.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Anthropic Files for IPO in Global Race to Raise Cash for AI",
        "url": "https://urgent.news/2026/10/26/anthropic-files-for-ipo-in-global-race-to-raise-cash-for-ai",
        "published": "2026-10-26T16:00:03.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Meta, SpaceX, Anthropic stoke the AI funding frenzy. What it means for our stocks",
        "url": "https://urgent.news/2026/10/26/meta-spacex-anthropic-stoke-the-ai-funding-frenzy-what-it-means-for",
        "published": "2026-10-26T20:26:26.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks",
        "url": "https://urgent.news/2026/10/27/tcs-infosys-other-it-stocks-drop-up-to-3-as-anthropic-ipo-sparks",
        "published": "2026-10-27T05:36:16.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Seoul stocks rebound as Anthropic IPO revives AI investment sentiment",
        "url": "https://urgent.news/2026/10/27/seoul-stocks-rebound-as-anthropic-ipo-revives-ai-investment-sentiment",
        "published": "2026-10-27T08:02:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}