According to Kabutan, Yonhap and HKET, Tokyo's Nikkei 225 opened Thursday at 61,475.11, up 226.52 points, rising for a fourth straight session, while the broader TOPIX opened at 3,943.52, up 14.13 points. The Nikkei turned lower shortly after the open. Japan's corporate goods price index rose 7.1% year on year in October, above the 6.5% median private-sector forecast. SUMCO, Resonac, DOWA, Nintendo and Sony Group advanced, while Ibiden, Advantest, Furukawa Electric, Fujikura and Murata Manufacturing declined.
Seoul's KOSPI opened 0.2% higher but turned negative, losing 11.32 points, or 0.21%, to 5,364.04 as of 9:15 a.m. local time. The Wall Street Journal reported that Nvidia's board is preparing to oust CEO Jensen Huang, and Nvidia shares fell after the U.S. closing bell. Samsung Electronics added 0.73%, while SK hynix fell 0.55%, Hanmi Semiconductor decreased 2.39% and Naver sank 3.4%.
Hong Kong stocks opened lower, with the Hang Seng Index down 194 points at 24,121 and the Hang Seng Tech Index down 0.8% at 3,995. Alibaba fell 2% to slip below HK$100 and Tencent lost more than 1%, while Lenovo bucked the trend, rising 1%, and SMIC gained 0.7%.
Taiwan's TAIEX opened at 44,180.46, down 76.69 points. TSMC opened at NT$2,385, down NT$10, while MediaTek rose about 2.32%.
In mainland China, the four major A-share indexes opened mixed, with the Shanghai Composite down 0.21%, the Shenzhen Component down 0.25% and the ChiNext Index down 0.5%, while the STAR Composite rose 0.07%.
