Recently, there has been an interesting phenomenon—major manufacturing economies in Asia are showing clear signs of recovery at the end of the year.

Specifically, the manufacturing Purchasing Managers' Index (PMI) for key economies like South Korea and Taiwan has rebounded into expansion territory in December, indicating that several months of continuous contraction have finally come to a halt. What is driving this? Export orders are beginning to pick up. This signal is very important—it suggests that external demand is gradually recovering.

Among these, the semiconductor-related industries are performing the best. The sustained rise in artificial intelligence demand, the launch of new products, and the improvement in external demand—these factors combined have become significant support for the manufacturing recovery. Most Southeast Asian countries are also maintaining a relatively rapid growth momentum, and China's manufacturing data at the end of the year also shows signs of a rebound.

From a broader macro perspective, this round of recovery involves a wide range of areas—not just individual countries or industries, but a general stabilization among major manufacturing economies in Asia. For market watchers, this signal is worth paying attention to.