Asian stock markets opened broadly lower, pressured mainly by technology and semiconductor shares amid concerns over China's technology competition. Japan's market fell 2.4%, with heavy selling in tech stocks such as Lasertec down 11%, Kioxia down 18%, Disco down 10%, Ibiden down 9%, Tokyo Electron down 9%, and Advantest down 8%. South Korea's market dropped 7.4%, with large-cap semiconductor stocks facing continued selling, led by SK Hynix down 10% and Samsung Electronics down 9%. Australia's market slipped 0.2%, weighed by drone-related defense and energy stocks.
SK Hynix Inc
Kioxia Holdings Corporation
IBIDEN CO., LTD.
Disco Corporation
Advantest Corp.
Lasertec Corp.
TE Connectivity Ltd
Samsung Electronics Co Ltd