The Bank of Japan head office (top C) is seen in Tokyo on December 19, 2023.
Kazuhiro Nogi|Afp|Getty Images
Hong Kong stocks rebounded Tuesday to lead gains in Asia markets, while Japan’s Nikkei 225 index was partially lower after the Bank of Japan kept its financial policy the same in its very first policy conference of the year.
Hong Kong’s Hang Seng index leapt nearly 3%, with tech stocks leading the charge. Bloomberg reported that Chinese authorities were thinking about a stimulus plan worth 2 trillion yuan ($27853 billion) to support the nation’s stock exchange.
Mainland China’s CSI 300 increased 0.4%, rebounding off a near-five year low, to close at 3,23193
Videogame stocks in Hong Kong increased after China’s video gaming authority got rid of draft guidelines from its site. The determines proposed last month would have limited costs and benefits for playing computer game. The regulator’s site, nevertheless, was not available since Tuesday.
The Nikkei 225 slipped partially to close at 36,51758, while the Topix fell 0.11% to 2,54207
In Australia, the S&P/ ASX 200 marked a 3rd straight day of gains, increasing 0.51% and ending at 7,5149.
South Korea’s Kospi included 0.58% to 2,47861, while the small-cap Kosdaq index was flat and ended at 840.11
Overnight in the U.S., the Dow Jones Industrial Average and S&P 500 set fresh all-time highs, with the Dow getting 0.36% to end up above 38,000 for the very first time, while the S&P included 0.22% to strike record highs.
The tech-heavy Nasdaq Composite advanced 0.32%. The moves from the indexes indicated that Wall Street is certainly in a bull run that started in October 2022 after stocks plunged previously that year.
— CNBC’s Brian Evans and Alex Harring added to this report
