Asian markets settled higher on Monday tracking Wall Street’s gains on last Friday as technology shares recovered following several days of heavy selling on concerns about AI spending and disruption. Meanwhile, investors were awaiting for release of key US economic data including reports on jobs, inflation and consumer spending due this week. Japanese shares soared after Japan's ruling Liberal Democratic Party (LDP), led by Prime Minister Sanae Takaichi, secured a historic landslide victory. Chinese shares rose ahead of January inflation and producer price data due later in the week. China’s Montage Technology surged more than 50% in its Hong Kong trading debut after the world’s biggest memory interconnect chip supplier raised HK$7.04 billion in a share sale to mainly fund research. Seoul shares rose amid renewed confidence over the artificial intelligence industry.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 4,123.09 | 57.51 | 1.41 |
| Hang Seng | 27,027.16 | 467.21 | 1.76 |
| Jakarta Composite | 8,031.87 | 96.61 | 1.22 |
| KLSE Composite | 1,751.30 | 18.47 | 1.07 |
| Nikkei 225 | 56,363.94 | 2,110.26 | 3.89 |
| Straits Times | 4,960.83 | 26.42 | 0.54 |
| KOSPI Composite | 5,298.04 | 208.90 | 4.10 |
| Taiwan Weighted | 32,404.62 | 621.70 | 1.96 |
