Asian stocks were mostly up Friday, on the back of a near-record rally on U.S. stocks as investors paid little attention to U.S. President Donald Trump’s latest tariff threats

The E-commerce, consumer electronics, semiconductors and automotive industries are in line for capacity and revenue boosts when they embrace AI, wrote Ma Lei, chief investment officer of the Chinese mainland and Hong Kong of Invesco, in a research note.

Asian stock markets roiled on Friday, with China-exposed exchanges gaining on the tech-outlook associated with DeepSeek's AI prowess, while Japan shares ebbed on exchange rates. Hong Kong rallied, Shanghai gained,