Asia-Pacific markets mostly rose Tuesday after all three key Wall Street benchmarks advanced overnight on a tech rally.
In Japan, the Nikkei 225 gained 285.18 points, or 0.8%, to 34,267.54.
In Hong Kong, the Hang Seng inched ahead 48.87 points, or 0.2%, to 21,466.27.
CHINA
In Shanghai, the CSI 300 edged up 2.09 points, or 0.1%, to 3,761.23.
China is slated to release its first-quarter 2025 GDP figures tomorrow.
Yan Wang, Chief Emerging Markets & China Strategist at investment research firm Alpine Macro, said the latest figures would be indicative of future policy initiatives that Beijing may unveil.
Wang’s comments come as several investment houses have been downgrading their forecast for China’s growth.
DWS’ Chief Investment Officer Vincenzo Vedda pencils a 1.3-percentage-point drop in China’s GDP.
In other markets
In Singapore, the Straits Times Index hiked 75.91 points, or 2.1%, to 3,624.72
In Korea, the Kospi recovered 21.52 points, or 0.9%, to 2,477.41
In Taiwan, the Taiex surged 344.58 points, or 1.8%, to 19,857.67
In New Zealand, the NZX 50 dropped 96.19 points, or 0.8%, to 12,011.34
In Australia, the ASX 200 took on 13.13 points, or 0.2%, to 7,761.72.
