Asian markets mixed today: AI rally cools, Hang Seng gains 174 points while Kospi steadies after record peak

May 14, 2026 - 10:00
Asian markets mixed today: AI rally cools, Hang Seng gains 174 points while Kospi steadies after record peak

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Asian equities traded mixed as the AI and tech rally cooled, with Hong Kong's Hang Seng inching up while Shenzhen and Shanghai fell. Wall Street also saw a softer mood, with the S&P 500 retreating from a record high and chipmakers leading declines. Oil prices remained elevated due to ongoing disruptions in the Strait of Hormuz.

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