Asian stocks today, July 9 -- Asian markets rose for the first time in three sessions on Thursday, supported by a rally in semiconductor stocks.

South Korea's Kospi rebounded sharply after slipping into bear market territory in the previous session. Kospi jumped 3% at the open, and the small-cap Kosdaq advanced 1.28%.

Japan's Nikkei 225 gained more than 1.17%, while the broader Topix index edged up 0.20%. Meanwhile, Australia's benchmark S&P/ASX 200 declined 0.83% in early trade.

The semiconductor sector remained in the spotlight after people familiar with the matter said the US listing of SK Hynix Inc. was oversubscribed by more than seven times. Separately, Bain Capital exited its investment in flash memory chipmaker Kioxia Holdings ...