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Asia Markets Reassert Themselves

Equities in Asia were back to climbing Friday, led by gains in Japan and Korea.

The Nikkei 225 vaulted 813.88 points, or 1.2%, to 68,557.73.

In Hong Kong, the Hang Seng index recovered 144.94 points, or 0.6%, to 24,175.12.

Investors are also looking ahead to the debut of South Korean chipmaker SK Hynix on the Nasdaq later today. The memory chipmaker added 1.3% in Asian trading on Friday ahead of its U.S. market debut.

The company, which exploded higher this year on the massive demand for memory, is pricing its American depository receipts at $149 each, according to Bloomberg, which cited an anonymous source.

In South Korea, Samsung Electronics gained 4.3%, Samsung SDI climbed 8.3%, LG Display advanced 4.4% and Seoul Semiconductor rose 5.9%.

In other markets;

In Shanghai, the CSI index faltered 95.53 points, or 2%, to 4,780.79.

In Korea, the Kospi index surged 184.03 points, or 2.5%, to 7,475.94

In Singapore, the Straits Times 50 index added 35.41 points, or 0.7%, to 5,469.29

In Australia, the ASX gained 43.5 points, or 0.9% to 8,806.04

Markets in Taiwan and New Zealand were closed for holiday.