The Trump-Xi meeting lacks long-term significance because of the U.S. president's erratic trade policy and a lack of trustworthiness in following terms of agreements.

A surge in tech stocks in Tokyo drove benchmark indexes to new record highs. Artificial intelligence-linked stocks soared following a tech rally in New York.

Benchmark indexes in Shanghai advanced following the possible easing of US-China trade tensions. Financial markets in Hong Kong were closed for a public holiday.

New issue listings on the Hong Kong Stock Exchange perked up as international investors returned to increase exposure to Chinese stocks.

China's industrial profit growth accelerated in September and in the first nine months of 2025, amid a rebound in private sector activities. Foreign direct investment in China dropped 10% in the first nine months of 2025.

China's top policy committee vowed to accelerate defense spending and infrastructure development and implement advanced technologies.

The yen weakened, and stock market indexes dropped nearly 2% ahead of the release of Prime Minister Takaichi's widely anticipated fiscal stimulus package.



Caution prevailed in China and Hong Kong trading, and investors awaited details of the economic development agenda for the next five years.

In September, Japan's exports increased despite the challenges posed by U.S. tariffs, while sustained fuel and energy subsidies contributed to a rise in imports.

Japan's market indexes rebounded ahead of the parliamentary vote to elect the next prime minister of Japan. In the week ahead, international trade data are expected to show headwinds, and inflation is expected to stay above the BoJ's target level.

China's third-quarter GDP growth slowed and steadily lost momentum after a strong start in the first quarter. Retail sales growth slowed, the property market slump deepened, but industrial production growth accelerated in September.

Ahead of the start of the Communist Party's fourth plenary session on Monday and the release of retail sales and industrial production data, China's indexes concluded the week with a downward trend.

China's stocks lacked momentum as retail investors scaled back from funneling new assets into the stock market amid growing trade uncertainty.

Japan's indexes halted a two-day losing streak, but political uncertainty capped gains.



China's deflation trend persisted in September as weak consumer demand collided with overcapacity and excessive competition in key manufacturing sectors.