Asia-Pacific markets were higher on Tuesday as investors look ahead to the U.S. inflation report for the month of August.
The Nikkei 225 tacked on 72.52 points, or 0.3%, to 28,614.63.
Shares of Nintendo jumped more than 5% in Japan’s morning trade ahead of the company’s live showcase, Nintendo Direct.
In Hong Kong, the Hang Seng index returned from a long weekend to dock 35.39 points, or 0.2%, to 19,326.86.
Hong Kong-listed shares of Chinese electric vehicle-maker Nio jumped as much as 21% at the open following a bullish report by Deutsche Bank.
Korean stocks moved skyward, led by Samsung Electronics which advanced 4.5% and SK Hynix that rose 4.9%.
Australian hospital operator Ramsay Health Care’s shares dropped as much as 14.6% after the company announced a KKR-led consortium is “not in a position to improve the terms” of a takeover proposal.
CHINA
In Shanghai, the CSI 300 gathered 17.32 points, or 0.4%, to 4,111.11
Goldman Sachs doesn’t expect China to immediately shift away from its Covid-zero policy after the upcoming party congress meeting in October, analysts said in a report.
National tourism revenue for the Mid-Autumn Festival reached 28.68 billion yuan ($4.16 billion U.S.) — just 60.6% of the 2019 pre-pandemic levels, according to official data.
The revenue has remained below 2019 levels since the pandemic hit in early 2020.
In other markets
In Singapore, the Straits Times Index added 15.36 points, or 0.5%, to 3,290.08.
In Korea, the Kospi index gained 65.26 points, or 2.7%, to 2,449.54.
In Taiwan, the Taiex also came back from holiday to hike 86.98 points, or 0.6%, to 14,894.41
In Australia, the ASX 200 advanced 45.22 points, or 0.7%, to 7,009.69.
In New Zealand, the NZX slid 51.06 points, or 0.4%, to 11,762.16.
