Asian tech stocks rose in Hong Kong, China, and Taiwan despite mixed market sentiment. Positive sentiment around easing US restrictions on chip exports to China fueled tech gains. Nvidia and AMD are expected to resume shipments to China. Hong Kong’s Hang Seng Index rose 0.3%, Taiwan’s Taiex rose 1.15%, and Japan’s Nikkei was up 0.5%. Markets remain uncertain over US tariffs and their economic implications.

Asian tech stocks experienced a notable uptick in Hong Kong, China, and Taiwan, despite the overall mixed sentiment in global markets. The positive sentiment around the easing of US restrictions on chip exports to China has fueled gains in the tech sector. Nvidia and AMD are expected to resume shipments to China, which has bolstered investor confidence in these companies.

In Hong Kong, the Hang Seng Index rose by 0.3%, buoyed by tech and property stocks. China Shenhua Energy led the charge, contributing to the overall index gain. In Taiwan, the Taiex rose by 1.15%, reflecting the positive outlook on the resumption of chip exports. Meanwhile, Japan’s Nikkei was up by 0.5%, indicating a broader recovery in the Asian markets.

However, market sentiment remains uncertain over the economic implications of ongoing US tariffs. The US government has been reassessing its stance on exporting advanced technology to China, with the Biden administration showing a willingness to balance security concerns with economic interests [1].

The decision to resume H20 chip sales by Nvidia is part of a broader shift in US policy. The H20 chip was specifically designed to meet Chinese demand while adhering to US export restrictions. The move is seen as a strategic move to regain market share in China, where Nvidia’s share has dipped from 60% to 45% due to the export ban [2].

The stock market has responded positively to the news, with Nvidia’s stock indicated 3% higher overnight. AMD and Taiwan Semiconductor (TSM) also saw their stocks rise, reflecting the positive sentiment around the resumption of chip exports to China [3].

Despite the positive developments, geopolitical tensions remain a significant factor. Investors should monitor the situation closely and consider diversifying their portfolios to include US chipmakers like Intel (INTC) and AMD, which could benefit from US tech nationalism [4].

In conclusion, the easing of US export restrictions on chip exports to China has driven tech gains in Asian markets. The move signals a shift in US policy and presents both risks and opportunities for investors. As the geopolitical landscape continues to evolve, investors should stay vigilant and let the data decide.

References:
[1] https://www.ainvest.com/news/lifts-export-ban-nvidia-h20-chip-china-signaling-diplomatic-thaw-2507/
[2] https://finimize.com/content/asian-markets-react-to-us-tariffs-and-chinas-trade-surprise
[3] https://www.bloomberg.com/news/articles/2025-07-15/hong-kong-defends-fx-peg-for-a-fifth-time-as-pressure-extends