On August 8, Japanese stocks opened higher in the morning session, with the Nikkei 225 Index gaining 2% intraday and SoftBank Group surging over 13%. Affected by market movements, the Nikkei ETF (513520) rose 2.07% as of 11:10 AM.

On the news front, Japanese tech investment giant SoftBank Group reported a net profit of 421.8 billion yen ($2.87 billion) for the April-June quarter, marking its second consecutive quarter of profitability and exceeding market expectations.

Additionally, progress has been made in U.S.-Japan tariff policies. According to reports, Japan's chief trade negotiator Ryosei Akazawa stated after meeting with relevant U.S. and Treasury Department officials that the United States has confirmed it will cancel comprehensive tariff hikes on Japan and reduce auto tariffs as promised.