05:34 AM EST, 11/05/2025 (MT Newswires) -- Asian stock markets extended the global sell-off in AI- and tech-related shares on Wednesday, as traders weighed whether optimistic sector-values need a correction.
Hong Kong and Tokyo finished in the red, while Shanghai bucked trends to edge higher. Other regional exchanges lost ground, while trading floors in Mumbai were closed on holiday.
In Japan, the Nikkei 225 opened lower on overnight Wall Street cues and could not recover, finishing off 2.5% as traders again backed away from semiconductor-related enterprises.
The benchmark Nikkei 225 fell 1,284.93 to 50,212.27, as losing issues outnumbered gainers 148 to 76.
Leading the upside was NH Foods, up 13% after reporting earnings, while chip-designer Socionext declined 12%.
In Hong Kong, the Hang Seng Index opened sharply lower but gained thereafter, finishing off 0.1% as traders tread cautiously, but looked for relative bargains.
The broad gauge Hang Seng fell 16.99 to 25,935.41, though gaining issues outnumbered losers 46 to 37. The Hang Seng TECH Index lost 0.6% on the day, while the Mainland Properties Index fell 0.2%.
Leading the upside was noodle-maker Tingyi, gaining 4.3%, while New Oriental Education & Technology declined 3.2%.
On the mainland, the Shanghai Composite rose 0.2% to 3,969.25.
On the other regional exchanges, the S. Korean KOSPI fell 2.9%; the Taiwan TWSE declined 1.4%; the Australian ASX 200 dropped 0.1%; the Singapore Straits Times Index fell 0.1%, and the Thai Set declined 0.2%.