[MARKET ANALYSIS] Asia-Pac stocks are higher amid the ongoing tech rebound and record SK Hynix earnings, while participants await central bank decisions

APAC Stocks: Positive Asia-Pac stocks are mostly higher as the region follows suit to the gains on Wall St, where the Nasdaq outperformed as tech stocks continued to shrug off recent AI-related concerns, while participants digested SK Hynix earnings and await the looming risk events, including central bank decisions. ASX 200: +0.1% Eked slight gains but is off today's best levels as hotter inflation data and hawkish RBA rhetoric boost rate hike bets for next week's RBA meeting. Nikkei 225: +1.3% Climbed back above the 64,000 level, with the index led higher by tech strength. KOSPI +6.3% Outperforms amid the tech momentum and with SK Hynix shares rallying after it posted operating profit rose 632% Y/Y to a record KRW 83.3tln, while revenue rose 328% Y/Y to surpass KRW 100tln for the first time, and it also plans to return about KRW 100tln to shareholders this year. Hang Seng & Shanghai Comp: Hang Seng +0.2% / Shanghai Comp +0.4% Conform to the positive mood after the PBoC continued with its firm liquidity efforts, although the upside is capped amid a slew of earnings results and with Pop Mart flagging as much as a 50% drop in Q3 revenue. US Equity Futures: Mixed Price action is somewhat mixed, with Emini Nasdaq 100 kept afloat following the recent tech rebound. European Equity Futures -0.2% Indicate a lower cash market open with Euro Stoxx 50 futures down 0.2% after the cash market closed with gains of 0.8% on Tuesday.