
AI-generated summary
All four major U.S. stock indexes closed in the red on Monday, with the Nasdaq Composite Index rising more than 1% and setting a new all-time high, driving Asian stock markets higher in early trading on Tuesday.
[Financial Channel/Comprehensive Report] Driven by the AI wave, all four major U.S. stock indexes closed in the red on Monday, and Asian stocks rose alarmingly on Tuesday. Japanese stocks rose more than a thousand points on Monday, and continued to rise 470 points on Tuesday, reaching 70,416 points. Then adjustment sell orders were released, and the gains converged. They rose slightly by 134 points in the morning, while Korean stocks opened higher and turned black, with the index fluctuating 1.49%.
Although U.S. Treasury yields continue to rise, market investors are focusing on strong technology fundamentals and economic data. All U.S. stocks closed higher on the 5th. Among them, the Nasdaq Composite Index rose more than 1%, setting a new intraday and closing record high. It ended up rising 286.45 points, or 1.05%, to 27477.31 points; the Dow Jones Industrial Average rose 90.94 points, or 0.18%, reported at 51267.90 points; the S&P 500 Index rose 51.23 points, or 0.66%, at 7773.95 points; the Philadelphia Semiconductor Index rose 36.06 points, or 0.28%, at 13172.74 points.
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Asian stocks continued to rise on Tuesday. After rising more than a thousand points on Monday, the Nikkei opened slightly higher by 8 points on Tuesday, opening at 69,954 points. The index opened slightly higher, reaching 70,416 points, an increase of 470 points. As the index returned to 70,000 points, with the release of sell order adjustments, the index's gains converged, and temporarily closed at 70,081 points in the morning, up 134 points.
The Korean stock market opened with a gain of 40.92 points or 0.58%, opening at 7044.67 points. The index opened higher and fell, and once retested 6940.23 points, down 63.52 points or 0.9%. The index fluctuated up to 104.44 points or 1.49%. As of 10:44 Taipei time, it was at 6954.8 points, down 48.87 points or 0.7%.
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Taiwan stocks hit a record high of 49,968 points in intraday trading on Tuesday. Later, due to selling pressure and the plunge of nearly a thousand electronics stocks, the index once retested 49,479 points, with a single-day shock of 489 points. In late trading, driven by TSMC and transmission stocks, the decline was restrained.

China Philippines Bank (5609) announced September revenue of 3.655 billion yuan, an annual increase of 47%, a new monthly high since July 2022, and cumulative revenue from January to September was 26.922 billion yuan, an annual increase of 23.9%. The company pointed out that benefiting from the strong demand for semiconductors, AI servers and high-tech logistics, it has driven the simultaneous growth of air freight, sea freight and contract logistics revenue. As the traditional peak season begins in the fourth quarter and shipping delays turn some urgent cargo to air transport, it is expected that air transport capacity across the Pacific and Asia will remain tight. The global manufacturing PMI rose to its highest level since February 2022, and the growth of new export orders accelerated, indicating that global manufacturing and trade activities remain resilient. The Sino-US trade truce has been extended to January 10, 2027, but the US Section 301 investigation covers industries in many countries, and follow-up policies still require attention. The Panama Canal has adjusted its navigation quota due to insufficient rainfall, which may affect shipping space and shipping schedules on routes from Asia to the East Coast of the United States.

The first bid of the urban land rezoning project of Chiayi County's expanded county-wide first development zone started today. The project is located next to the TSMC advanced packaging plant in Chiayi Science Park. The development area is 79.36 hectares. The contract amount is 3.134 billion yuan. The construction period is about 4 years and is expected to be completed in 2030. County Mayor Weng Zhangliang and other officials attended the ceremony and said that the rezoning will connect specific high-speed rail areas, build a resilient, smart and low-carbon urban environment, take over the population and industrial momentum brought by the technology industry, and enhance Chiayi's international livability.
Recently, copper prices have continuously set new historical highs. The three-month copper price on the London Metal Exchange exceeded US$14,800/ton, and the main domestic Shanghai copper contract stood at 110,000 yuan/ton. However, the profit distribution in the industrial chain is seriously unbalanced. The profits of upstream mining companies have increased significantly. The spot processing fees for copper concentrate in the midstream smelting and processing links have fallen into negative values, and companies have cut production costs. The article points out that this polarization stems from the industry's long-term solidified extensive development path. The global supply of copper mines has entered a rigid contraction cycle, and my country's dependence on foreign copper concentrates is as high as 80%, forming a pattern of "less mines and more furnaces". Most companies have stayed in the primary processing link for a long time, falling into a vicious cycle of "the greater the production capacity, the heavier the involution, and the thinner the profits." The article proposes measures such as correcting the inertia of production capacity expansion, consolidating the foundation of resource security, technological innovation, and deeply exploring the value potential of the industrial chain to achieve the leap from "volume leadership" to "quality leadership".

The New Taipei City Government and Mr. Xu Yuanzhi Medical Foundation signed a BOT project for the Banqiao Medical Park. The total investment is about 12.5 billion yuan. The planned medical building has 4 underground floors and 14 floors above ground, providing 513 hospital beds and 148 long-term care beds. Construction is expected to start at the end of this year. House prices in the Banqiao community have risen rapidly in recent years, with the average transaction price reaching 1.1478 million yuan as of October 2026.

The CEO of Saudi Aramco warned that global oil inventories have plummeted due to the obstruction of transportation in the Strait of Hormuz. Even if the Strait is restored to traffic, it may still take two years to replenish safety stock levels. The market is highly sensitive to supply security, and oil prices continue to run at high levels.