{"id":74613,"date":"2026-11-12T22:08:18","date_gmt":"2026-11-13T02:08:18","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-rally-as-regional-tensions-persist-and-nvidia-ceo-faces-scrutiny\/74613\/"},"modified":"2026-11-12T22:08:18","modified_gmt":"2026-11-13T02:08:18","slug":"asian-markets-rally-as-regional-tensions-persist-and-nvidia-ceo-faces-scrutiny","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-rally-as-regional-tensions-persist-and-nvidia-ceo-faces-scrutiny\/74613\/","title":{"rendered":"Asian Markets Rally as Regional Tensions Persist and Nvidia CEO Faces Scrutiny"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-rally-as-regional-tensions-persist-and-nvidia-ceo-faces-scrutiny\/74613\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-rally-as-regional-tensions-persist-and-nvidia-ceo-faces-scrutiny\/74613\/#Taiwan_Equities_Lead_Regional_Rebound\" >Taiwan Equities Lead Regional Rebound<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-rally-as-regional-tensions-persist-and-nvidia-ceo-faces-scrutiny\/74613\/#Nvidia_CEO_Under_Congressional_Fire\" >Nvidia CEO Under Congressional Fire<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-rally-as-regional-tensions-persist-and-nvidia-ceo-faces-scrutiny\/74613\/#Japan_Bond_Yields_and_Trade_Sentiment\" >Japan Bond Yields and Trade Sentiment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-rally-as-regional-tensions-persist-and-nvidia-ceo-faces-scrutiny\/74613\/#Chinas_Fiscal_and_Commodity_Moves\" >China&#39;s Fiscal and Commodity Moves<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-rally-as-regional-tensions-persist-and-nvidia-ceo-faces-scrutiny\/74613\/#Hong_Kong_Insurance_Market_Faces_Tax_Headwinds\" >Hong Kong Insurance Market Faces Tax Headwinds<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Taiwan&#39;s TAIEX surged 3.2% to 44,489.48 points<\/strong>, marking a powerful recovery led by semiconductor giants like TSMC (<a href=\"\/stock\/2330\">2330<\/a>) following a massive global tech rebound.<\/li>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) CEO Jensen Huang faces imminent congressional subpoenas<\/strong> from U.S. Republicans over alleged links to a suspected Chinese intelligence asset, a scandal that has triggered an internal board investigation.<\/li>\n<li><strong>Japan&#39;s 30-year government bond yield climbed 6.5 basis points to 3.985%<\/strong>, reflecting market expectations for tighter global monetary conditions and a spillover from U.S. Treasury sell-offs.<\/li>\n<li><strong>Hong Kong insurance sales to mainland customers are slowing<\/strong> as Beijing begins enforcing a strict <strong>20% tax<\/strong> on offshore investment gains, prompting a &quot;wait-and-see&quot; approach among wealthy visitors.<\/li>\n<li><strong>China&#39;s coking coal futures jumped 3.12% to 1,437 yuan per tonne<\/strong>, driven by persistent supply constraints following safety-related mine inspections in Shanxi province.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Taiwan_Equities_Lead_Regional_Rebound\"><\/span>Taiwan Equities Lead Regional Rebound<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Taiwan&#39;s benchmark stock index, the <strong>TAIEX<\/strong>, jumped <strong>3.2% to reach a session high of 44,489.48 points<\/strong> on Friday. The rally was fueled by a massive recovery in the technology sector, with Taiwan Semiconductor Manufacturing Co. (TSMC) (<a href=\"\/stock\/2330\">2330<\/a>) leading the charge. This surge follows a period of intense volatility and comes as <strong>MSCI Inc.<\/strong> raised Taiwan&#39;s weighting in three major indices, including the <strong>MSCI Emerging Markets Index<\/strong>.<\/p>\n<p>Investor confidence was further bolstered by a collective counter-rally in U.S. semiconductor shares. Despite recent domestic market corrections, analysts point to the sustained global demand for <strong>Artificial Intelligence (AI)<\/strong> infrastructure as a primary driver for Taiwan&#39;s export-heavy economy.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nvidia_CEO_Under_Congressional_Fire\"><\/span>Nvidia CEO Under Congressional Fire<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In Washington, senior House Republicans have intensified demands for a briefing from <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> CEO <strong>Jensen Huang<\/strong>. Lawmakers are investigating Huang\u2019s reported relationship with a woman suspected of acting as a Chinese intelligence agent. Representative <strong>John Moolenaar<\/strong>, chair of the House China Committee, warned that failure to comply with requests for a closed-door briefing would result in formal subpoenas.<\/p>\n<p>The controversy has already impacted <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong>&#39;s stock, which saw an <strong>11% plunge<\/strong> earlier in the week. The company&#39;s board has reportedly launched an internal probe into whether Huang was targeted by foreign intelligence, while some lawmakers, including Senator <strong>Kevin Cramer<\/strong>, have called for his resignation citing national security risks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Japan_Bond_Yields_and_Trade_Sentiment\"><\/span>Japan Bond Yields and Trade Sentiment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The yield on the <strong>30-year Japanese Government Bond (JGB)<\/strong> rose <strong>6.5 basis points to 3.985%<\/strong>, its highest level in recent weeks. This move follows a broader sell-off in global fixed-income markets, triggered by stronger-than-expected U.S. inflation data that has dampened hopes for aggressive Federal Reserve rate cuts.<\/p>\n<p>Meanwhile, Japanese multinationals like <strong>Panasonic<\/strong> and <strong>Hitachi<\/strong> expressed resilience at a major trade show in Shanghai. Despite heightened diplomatic friction between Tokyo and Beijing\u2014and the likelihood that Prime Minister <strong>Sanae Takaichi<\/strong> will be snubbed by President <strong>Xi Jinping<\/strong> at the upcoming <strong>APEC Summit<\/strong> in Shenzhen\u2014firms are shifting their China strategies toward business-to-business (B2B) solutions and AI.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chinas_Fiscal_and_Commodity_Moves\"><\/span>China&#39;s Fiscal and Commodity Moves<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>China&#39;s Ministry of Finance set a <strong>1.30% yield<\/strong> in its latest auction of one-month deposits, part of ongoing efforts to manage liquidity in the banking system. This follows the successful completion of a <strong>1.3 trillion yuan<\/strong> ultra-long special treasury bond issuance program aimed at supporting national strategic projects and boosting domestic consumption.<\/p>\n<p>In the commodities market, <strong>coking coal futures<\/strong> on the Dalian Commodity Exchange rose <strong>3.12% to 1,437 yuan per tonne<\/strong>. Prices remain supported by a &quot;supply shock&quot; following a deadly mine disaster in Shanxi province earlier this year, which led to sweeping safety inspections and production halts across more than 100 mines.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hong_Kong_Insurance_Market_Faces_Tax_Headwinds\"><\/span>Hong Kong Insurance Market Faces Tax Headwinds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Sales of insurance policies to mainland Chinese visitors in Hong Kong are experiencing a significant slowdown. The <strong>Insurance Authority<\/strong> confirmed that Beijing&#39;s enforcement of a <strong>20% personal income tax<\/strong> on offshore investment gains has made mainland customers &quot;think twice.&quot; While first-half sales hit a record <strong>HK$275.16 billion<\/strong>, the new tax scrutiny is expected to cause short-term volatility for major insurers like <strong>AIA Group (<a href=\"\/stock\/1299\">1299<\/a>)<\/strong> and <strong>Prudential (<a href=\"\/stock\/2378\">2378<\/a>)<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Taiwan&#39;s TAIEX surged 3.2% to 44,489.48 points, marking a powerful recovery led by semiconductor giants like TSMC (2330) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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