Asian Stocks Outperform Global Peers as Capital Flows Accelerate on AI-Driven Growth

During the week of February 5-12, 2026, Bloomberg data showed the Asian benchmark index extending its strong 2025 momentum, rising 7.5% in January—the largest monthly gain since 2023—and hitting record highs, outperforming the S&P 500 and Euro Stoxx 600. Amundi senior investment strategist Yao Yuan identified three converging themes driving the rally: artificial intelligence, Asian corporate governance reforms, and improving regional economic fundamentals. Asia commands critical segments of the AI supply chain, with leading tech firms solidifying their positions and Japan and South Korea actively pursuing shareholder return enhancements.

Goldman Sachs Asia Pacific President noted that Asia, particularly China, is regaining significant investor attention. The IMF projects Asia will contribute approximately 60% of global economic growth this year. Morningstar data revealed net inflows of $51.6 billion into international stock ETFs in January, reflecting accelerating capital shifts toward Asia. Concurrently, the Asian Development Bank released its outlook, upgrading its 2026 growth forecast for developing Asia-Pacific economies to 4.6%, up 0.1 percentage points, affirming the region's continued role as a global growth engine.