Shares in Asia-Pacific were largely higher on Wednesday, as mainland Chinese stocks led gains regionally.
In Japan, the Nikkei 225 dished off 225.17 points, or 0.8%, to 28,027.25, with shares of telecommunications firm KDDI falling more than 4%
The Japanese yen traded at 121.71 per U.S. dollar, stronger than levels above 124 seen against the greenback earlier this week.
In Hong Kong, the Hang Seng index zoomed 304.4 points, or 1.4%, to 22,232.63.
Hong Kong-listed shares of embattled developer Evergrande’s electric vehicle unit dropped 10.8% after they resumed trading on Wednesday.
Meanwhile, Hong-Kong listed shares of China Evergrande Group will remain suspended until further notice, according to a Tuesday announcement by the firm.
Shares of streaming firms Kuaishou dropped 6.2%, and Bilibili declined 2.5%, in Hong Kong. Those losses came on the back of a Wall Street Journal report that China is planning new restrictions for its live-streaming sector.
The Australian dollar changed hands at $0.7516, still higher than levels below $0.74 seen last week.
In other markets
In Shanghai, the CSI 300 regained 119.96 points, or 2.9%, to 4,254.10.
In Singapore, the Straits Times Index moved higher 8.71 points, or 0.3%, to 3,442.61
In Korea, the Kospi index added 5.67 points, or 0.2%, to 2,746.74.
In Taiwan, the Taiex index raced 191.9 points, or 1.1%, to 17,740.56.
In New Zealand, the NZX 50 popped 179.14 points, or 1.5%, to 12,089.90.
In Australia, the ASX 200 advanced 50.26 points, or 0.7%, to 7,514.52.
