KOREA’S KOSPI BREAKS 7,400, UP 6.68% INTRADAY

WTI CRUDE DROPS 4% INTRADAY TO $99.48/BBL; BRENT FALLS BELOW $105/BBL, DOWN 3.7%

China's ChiNext Price Index marks a nearly 11-year intraday high, supported by strong demand for technology stocks. Investors are positive on the AI capex upcycle, with more funding flowing into communication services and electrical-equipment stocks in 1Q, HSBC analysts say in a research note. "Strong earnings outlook bolsters the AI rally and evolving models, such as DeepSeek V4, should add further fuel," the analysts say. Among major stocks, CATL is 4.4% higher and East Money Information gains 2.65%.