US FHFA House Price Index for April 441.4; prior revised from 441.5 to 441.8.

Daiwa Capital analyst SK Kim said Samsung Electronics and SK Hynix’s announced investment plans are unlikely to materially affect global memory-chip supply-demand over the next 3–5 years because project rollouts will take time. Kim expects much of the planned capex — including roughly 800 trillion won tied to a new fab in southwest Korea — will be spent after 2030. He added both firms may adjust investments flexibly to market conditions while pressing ahead with US fabrication projects already under construction.

恆生科技指數午後走強漲逾2%，智譜(02513.HK)、聯想集團(00992.HK)漲超7%領漲成分股。