Asia report: Shares mixed on bond worries, oil volatility

24th Sep 2026 09:25

(Sharecast News) - Asian equities closed mixed, with Japan outperforming while China and Hong Kong slipped as investors weighed surging bond yields, oil volatility and US-China geopolitical jitters.

Japan's Nikkei 225 rose 1.38% to 65,018, rebounding strongly after a three‑day holiday as chip stocks benefited from AI‑related momentum. Hong Kong's Hang Seng fell 1.1% to 24,834, while China's Shanghai Composite dropped 0.39%, reflecting caution ahead of the Trump-Xi summit and lingering trade‑war uncertainty.

Australia's S&P/ASX 200 slid 0.7%, touching a three‑month low amid pressure from rising global yields. South Korea's Kospi was closed for the Chuseok holiday, thinning regional trading.

Oil prices were volatile, with Brent crude hovering near $103.67, still elevated due to Middle East tensions. Bond markets remained stressed: Japan's 10‑year yield hit 3.075%, its highest since 1996, while the US 10‑year Treasury held above 5.1%, weighing on risk appetite.

Reporting by Frank Prenesti for Sharecast.com