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Asia-Pacific markets rise, tracking Wall Street gains as AI stocks rebound
CNBCยท2025-11-06 00:18

Market Overview - Asia-Pacific markets experienced gains, influenced by Wall Street's performance following AMD's strong third-quarter earnings, which positively impacted artificial intelligence stocks [1] - Japan's Nikkei 225 index increased by 1.45% at the open, while the Topix index rose by 0.98% [2] - South Korea's Kospi index surged by 2.5%, recovering from previous declines, and the small-cap Kosdaq was up by 2.01% [2] - Australia's ASX/S&P 200 index saw an increase of 0.58% [2] IPO Activity - Pony.ai set its final IPO offer price at 139 Hong Kong dollars per share, raising gross proceeds of HK$6.7 billion (approximately $860 million) [2] - WeRide successfully raised HK$2.4 billion through its market debut [2] - Both WeRide and Pony.ai are already listed in the United States and are making their market debut in Hong Kong [1]