Asian stock markets rose broadly on February 12, 2025, as investors assessed the implications of U.S. President Donald Trump's newly announced 25% tariffs on steel and aluminum imports, set to take effect on March 4. The tariffs have raised concerns about potential trade disruptions, particularly for South Korea and Japan, which export steel to the U.S. Despite these concerns, the Korea Composite Stock Price Index (KOSPI) gained 0.37% to close at 2,548.39, supported by gains in technology and shipbuilding stocks. In Hong Kong, the Hang Seng Index surged 2.64% to 21,857.92, driven by a rally in technology and real estate stocks, including a 17% rise in China Vanke shares following reports of a potential $6.8 billion government rescue plan. The Shanghai Composite Index also rose 0.85% to 3,346.39 points, while Japan's Nikkei 225 advanced 0.42% to 38,963.70 points. Australia's ASX 200 climbed 0.6%. Market sentiment was bolstered by optimism over China's economic stimulus measures and a weaker yen, which benefited Japanese exporters. Key corporate movements included an 8.5% rise in Alibaba shares, a 15.36% spike in Hyundai Heavy Industries, and LG Energy Solution's decline.