iSAM Expands UK Presence with Move to New London Headquarters

US equity futures edged higher in Asia after two down days on Wall Street, with contracts for the S&P 500 up 0.1%. Chinese tech led regional gains, boosted by semiconductor optimism and Alibaba’s AI investment drive, though MSCI’s Asia gauge was flat overall.

Asian equities edged higher, led by tech, after Alibaba surged on a pledge to ramp up AI investment. Semiconductor stocks rallied on a Morgan Stanley upgrade and Huawei’s plan to challenge Nvidia, lifting China’s CSI 300 and the Hang Seng despite Super Typhoon Ragasa disrupting Hong Kong.

Asian equities swung between gains and losses, with Hong Kong down 1.1% on light volumes as super typhoon Ragasa threatened major disruption. Mainland China also retreated, while chipmakers rose after Nvidia’s OpenAI investment.