Semiconductor Manufacturing International Corporation (SMIC) is up over 75% for the year so far, making it one of the Hang Seng's best performing stocks.

SHANGHAI: China and Hong Kong stocks fell on Thursday, as the tech rally underpinned by artificial intelligence startup DeepSeek paused following AI chip giant Nvidia’s earnings. China’s blue-chip CSI300 Index edged down 0.2% by the lunch break, while the Shanghai Composite Index lost 0.4%. Hong Kong benchmark Hang Seng was down 1.1%.

Asia-Pacific markets were set to trade mixed Wednesday, tracking declines in two key Wall Street benchmarks overnight after the U.S. consumer confidence survey came in much weaker than economists' estimates.

Asian stocks fell after President Donald Trump's move to curb Chinese investments and proceed with tariffs on Canada and Mexico prompted investors to trim risky bets. A decline in US stocks at the end of trading also hurt sentiment.

Wall Street stocks were mixed at the end of a choppy session Wednesday as US President Donald Trump signaled plans for tariffs on the European Union.

Shares in Australia rose while Japan was steady. Hong Kong equity index futures pointed to a lower open while contracts for the S&P 500 and Nasdaq 100 were little changed in early Asian trade. Nvidia shares swung between gains and losses in after-hours trading.

World shares were mostly higher on Wednesday ahead of a keenly anticipated quarterly profit report by Nvidia and an update on the state of the U.S. economy. Germany's DAX rose 1.3%

Asia-Pacific markets were set to fall Tuesday, tracking Wall Street declines overnight after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned.

Investing.com-- Asian stocks tumbled on Friday, with Japan and South Korea leading the declines, as local tech shares sank following an Nvidia-driven sell-off on Wall Street, while investors analyzed Tokyo’s latest inflation data.