EMERGING MARKETS-SMIC’s U.S. curbs aid S.Korean, Taiwan stocks after Chinese data boost

    * Jakarta COVID-19 curbs extended 
    * Malaysia's ruling coalition wins state election; reduces
political uncertainty 
    * South Korea, Taiwan chipmakers rise after U.S tightens
to China's SMIC

    By Nikhil Nainan
    Sept 28 (Reuters) - South Korean and Taiwanese stocks
climbed over 1% each on Monday as investors priced in a boost
for their tech-focussed economies from tighter U.S. curbs on
China's biggest chipmaker, adding to a broadly brighter start
across Asian markets. 
    Data showing profits at Chinese industrial firms grew for a
fourth straight month underpinned stock markets in the region,
although the extension of export curbs on Semiconductor
Manufacturing International Corp left
China's own indices flat after a strong start.

    The dual-listed chipmaker's shares plunged more than 5% in
both Shanghai and Hong Kong.

    Stocks in Seoul climbed 1.2% with local chipmakers
gaining the most, also helped by a fall in the number of daily
COVID-19 infections to 
Read More
Read More