Tuesday, November 10, 2026: China export resilience with trade surplus above $1TN, $NVDA spy drama weighing on AI leadership, and Seoul opening sharply higher on US tech rally plus falling oil.

$NVDA shares dropped on Jensen Huang affair raising China spy concerns; Trump backing Huang and saying Xi may raise the case keeps this a headline-risk trade, not a fundamentals call yet. Anthropic shares IPO price details with banks at $69.3B then retracts; good signal that AI private valuations are being stress-tested, bad signal for near-term AI listing confidence. Australia plans a new AI regulator after an OpenAI hack; watch this as the first real Asia-Pacific AI enforcement template, not just another consultation. China exports stay resilient as trade surplus tops $1TN; that lowers near-term stimulus urgency for HK/China and supports the yuan, but export mix is the issue. Seoul shares open sharply higher on US tech rally and falling oil; this is the cleanest risk-on read in Asia and supports the won and tech-heavy Kospi. ASEAN, China, Japan, South Korea AI integration is the Singapore/Japan supply-chain read; it supports the tech bid, but not domestic demand in either market. NSE

$NVDA shares dropped on Jensen Huang affair raising China spy concerns; Trump backing Huang and saying Xi may raise the case keeps this a headline-risk trade, not a fundamentals call yet.