Asia-Pacific markets mostly climbed in choppy trade Thursday, breaking ranks with Wall Street after investors continued selling tech names like Nvidia and Oracle for a second straight day.
Nvidia slid almost 1%, continuing its declines from Tuesday as heightened fears about the potentially circular nature of the AI industry drew investor skepticism.
Hong Kong's Hang Seng index was 0.24% up, as investors are watched Chinese automaker Chery Automobile's debut on the index after its $1.2 billion IPO. Shares of Chery rose 11% to 34.16 Hong Kong dollars ($4.39) at the open, compared with its offer price of HK$30.75.
Separately, Xiaomi shares gained 1.85% after debuting a slew of new devices and appliances, including smartphones to take on South Korea's Samsung.
On the