Session at a Glance

Asia-Pacific rebounds from Monday’s tech rout as ASX posts best session in three weeks on earnings momentum.

Most Asia-Pacific markets bounced Tuesday after Monday’s broad selloff triggered by Alibaba’s HK$80 billion share placement and Samsung’s disappointing shareholder-return structure. Overnight calm in US futures and firmer commodity prices — iron ore, copper, and gold all higher — gave the region room to recover.

The ASX 200 led with a +0.68% gain, its best day in three weeks, as Coles Group’s strong FY26 earnings lifted consumer staples and BHP touched a record high. Taiwan’s TAIEX (+0.91%) and South Korea’s KOSPI (+0.68%) outperformed on semiconductor and auto sector rebounds. SoftBank rose over 2% in Tokyo, helping the Nikkei reclaim +0.50%.

Hong Kong flat-lined near zero as China tech digested lingering dilution fears from the Alibaba placement. India’s Nifty 50 dipped 0.28%, weighed by IT services weakness. EV battery names CATL and LG Chem bucked the recovery, both falling sharply — a cross-border theme reflecting persistent EV demand uncertainty.

Here are the standout movers across Asia-Pacific’s major exchanges for the session of Tuesday, August 25, grouped by market.

Australia (ASX)

↑ COL +4.90%

Mid-cap · 23.75 (local)

Why: Coles Group reported FY26 results with EBIT up 9.9% and supermarket sales growing 3.7%, beating expectations and lifting the stock nearly 5%.

Pattern: Earnings-driven gap higher on above-consensus results — classic post-report momentum setup. Watch for follow-through above prior resistance in the next few sessions.

↓ MIN -3.46%

Mid-cap · 66.68 (local)

Why: No clear single catalyst — Mineral Resources fell despite a broadly positive ASX session. Likely continued de-rating pressure from lithium price weakness and elevated debt concerns.

Pattern: Counter-trend selloff against a rising market often signals sector-specific headwinds. Lithium miners have been in a multi-month downtrend; this looks like trend continuation rather than reversal.

Hong Kong (HKEX)

↑ 9999 +2.10%

Mid-cap · 199 (local)

Why: NetEase gained 2.1% as gaming names recovered from Monday’s broader Hong Kong tech selloff. No company-specific catalyst — likely a technical bounce after sliding from HK$208 to HK$175 in August.

Pattern: Mean-reversion bounce after a sharp multi-week drawdown. The stock has fallen roughly 16% from early August highs, so this looks like a relief rally within a broader downtrend.

↓ 2628 -1.88%

Mid-cap · 28.12 (local)

Why: China Life Insurance slipped 1.88% following its interim results briefing last week. Post-results profit-taking and broader weakness in Chinese financial stocks weighed on sentiment.

Pattern: Post-earnings drift lower — a common pattern when results meet but don’t exceed expectations. Insurers are rate-sensitive; watch the PBoC policy signal for direction.

China — Shanghai (SSE)

↑ 600900 +0.21%

Large-cap · 28.21 (local)

Why: Yangtze Power edged up 0.21% in a quiet session — no clear catalyst. The hydropower utility continues to attract defensive positioning amid broader A-share uncertainty.

Pattern: Low-volatility grind higher in a defensive name — consistent with risk-off sector rotation within China. Utilities tend to outperform when growth conviction is weak.

↓ 601166 -1.42%

Mid-cap · 18.02 (local)

Why: Industrial Bank fell 1.42% with no specific headline. Chinese bank stocks are under pressure from narrowing net interest margins and ongoing property-sector concerns.

Pattern: Sector-wide drag on Chinese financials — this is trend continuation rather than an isolated move. Mid-cap Chinese banks remain in a broad sideways-to-lower channel.

China — Shenzhen (SZSE)

↑ 002415 +1.76%

Mid-cap · 34.75 (local)

Why: Hikvision rose 1.76% — no company-specific catalyst in the last 36 hours. Likely benefiting from the broader tech rebound across Asia following Monday’s selloff.

Pattern: Sector rotation bounce — Chinese tech/AI hardware names rebounded with the broader tape. The move fits a dead-cat bounce pattern unless it can sustain above recent consolidation range.

↓ 300750 -2.88%

Mega-cap · 376.7 (local)

Why: CATL dropped 2.88% against a mildly positive Shanghai session. The EV battery giant is under pressure from slowing global EV demand growth and persistent overcapacity concerns in the battery supply chain.

Pattern: Bearish divergence — falling while the broader index rises signals stock-specific or sector-specific selling. EV battery names are a cross-border weak spot today, with LG Chem also down sharply in Seoul.

Japan (TSE)

↑ 9984 +2.25%

Mega-cap · 5087 (local)

Why: SoftBank rose 2.25% as the AI infrastructure theme rebounded after Monday’s tech selloff. Headlines citing steady US futures and Alibaba’s mention in ‘stocks to watch’ lists lifted sentiment across AI-linked names.

Pattern: Momentum continuation in an AI-capex beneficiary. SoftBank trades as a leveraged proxy for global AI sentiment — the bounce aligns with the broader tech recovery across TAIEX and KOSPI.

↓ 7267 -2.92%

Large-cap · 1696 (local)

Why: Honda fell 2.92% as headlines highlighted the company’s continued reluctance to offer hybrid models that US buyers are demanding, raising concerns about market share erosion.

Pattern: Fundamental headwind driving a counter-trend selloff on a positive Nikkei day — isolated weakness signals stock-specific risk. Product strategy missteps in the hybrid-to-EV transition are a structural overhang.

Singapore (SGX)

↑ O39 +1.52%

Large-cap · 31.39 (local)

Why: OCBC Bank rose 1.52% in a broad Singapore banking rally. The stock went ex-dividend on Aug 17 (SGD 0.47/share) and is recovering alongside regional financials on stable rate expectations.

Pattern: Post-ex-date recovery in a high-quality bank with strong analyst support (median target SGD 33.35 vs current SGD 31.40). Fits a dividend-capture rebound pattern.

↓ H78 -1.31%

Mid-cap · 8.31 (local)

Why: Hongkong Land slipped 1.31% — no clear catalyst. The real estate conglomerate with heavy Hong Kong/China commercial property exposure remains sensitive to weak Greater China property sentiment.

Pattern: Sector drag from the property overhang. HK-linked REITs and developers continue to underperform the broader Singapore market — trend continuation in a structural downtrend.

South Korea (KOSPI)

↑ 000270 +2.59%

Mid-cap · 1.349e+05 (local)

Why: Kia gained 2.59% as Korean automakers rebounded from Monday’s selloff. Analysts maintain a strong buy consensus with a KRW 230,000 target, well above current levels around KRW 135,000.

Pattern: Mean-reversion bounce — stock is trading near the lower end of its 52-week range (KRW 100k–212k). Deep value positioning by institutions after a multi-month pullback could fuel continuation.

↓ 051910 -3.66%

Large-cap · 2.63e+05 (local)

Why: LG Chem fell 3.66% as the battery materials maker continues to suffer from weak EV demand and Q1 net losses of KRW 782 billion. Persistent overcapacity in the battery supply chain is weighing on the entire sector.

Pattern: Bearish divergence on a green KOSPI day — mirrors CATL’s selloff in Shenzhen. EV battery stocks are a cross-border weak link, falling in lockstep despite broader market recovery.

Taiwan (TWSE)

↑ 2382 +1.08%

Mid-cap · 328.5 (local)

Why: Quanta Computer rose 1.08% as Taiwan’s tech sector rebounded, led by TAIEX’s session-leading +0.91% gain. The AI server assembler benefits from ongoing hyperscaler capex demand.

Pattern: Sector-driven recovery — Taiwan tech bounced broadly after Monday’s dip. Quanta’s AI server exposure makes it a momentum name in the hyperscaler capex cycle; the move fits trend continuation.

↓ 2308 -1.44%

Mid-cap · 1710 (local)

Why: Delta Electronics fell 1.44% despite a strong TAIEX session — no specific headline. Possible rotation out of power/industrial names into pure-play AI and semiconductor stocks.

Pattern: Counter-trend weakness on a green tape day suggests stock-specific or sub-sector rotation. Delta’s industrial-heavy mix may be losing momentum relative to AI-pure names like Quanta.

India (NSE)

↑ ICICIBANK +0.58%

Large-cap · 1423 (local)

Why: ICICI Bank edged up 0.58%, outperforming a weak Nifty session. Large-cap Indian private banks continue to attract defensive flows as the broader market digests recent gains.

Pattern: Relative strength in a down market — private-sector banks acting as a safe haven within India. Fits a sector rotation pattern where quality financials outperform during consolidation phases.

↓ WIPRO -1.36%

Large-cap · 178.9 (local)

Why: Wipro fell 1.36% as Indian IT services stocks weakened, with ADRs declining in Monday US trading. Broader concerns about global IT spending slowdown and competitive pressures weighed on the sector.

Pattern: Sector-wide IT services weakness — Indian IT names traded lower in sympathy with global tech sentiment. The ADR weakness feeding back into NSE is a common cross-listed contagion pattern.

New Zealand (NZX)

↑ FPH +1.54%

Large-cap · 44.9 (local)

Why: Fisher & Paykel Healthcare rose 1.54% — no specific catalyst. The medical device maker continues to benefit from steady institutional demand as a defensive healthcare play in the NZX.

Pattern: Quiet grind higher in a quality defensive name — consistent with risk-off positioning. Healthcare stocks tend to attract flows during uncertain macro backdrops; this fits that theme.

↓ AIR -1.20%

Large-cap · 0.41 (local)

Why: Air New Zealand slipped 1.20% — no clear catalyst. The airline trades at NZD 0.41, reflecting ongoing structural headwinds including elevated fuel costs and competitive pressure on trans-Tasman routes.

Pattern: Continued drift lower in a structurally challenged airline — the stock is trading near multi-year lows. No sign of reversal; this looks like trend continuation in a name with compressed margins.

Reading the Session

The exchange-by-exchange breakdown above surfaces both market-specific catalysts and cross-border themes. When multiple exchanges move together, look for a macro driver (USD move, commodity price, risk-on/off shift). Isolated single-exchange moves tend to reflect local earnings, regulatory news, or sector rotation.

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