The Nikkei 225 rose more than ¥400 and South Korean stocks surged after reports that Singapore government-linked investment company Temasek plans direct investments in Samsung Electronics and SK hynix.
Reports say Singapore government-linked investment company Temasek Holdings is planning direct investments in Samsung Electronics and SK hynix.
As of 13:12 Tokyo time, the Nikkei 225 was up 408.97 points from the previous day at 67,379.19, while the Korean Composite Index was up 288.10 points at 6,633.63, both showing strong gains.
Against this backdrop, South Korean stocks rose sharply across Asian markets, while Japanese stocks also remained firm.
The article was written by the みんかぶ editorial team and is limited to reporting current market conditions and the news of the planned direct investments.