Investors were pulled in different directions on Wednesday with poor China data and global caution on one hand and Beijing policy support bets on the other
Tokyo’s benchmark closed at its highest level since July 1990 but China’s bourses stumbled over the economic outlook and tensions with the US
Japan’s benchmark index was buoyed again by its central bank’s continuing easy policy while China’s markets were lifted by new signs of recovery
The Washington deal which sees a default avoided boosted investor mood across the region, with tech shares leading the way in Hong Kong
Progress in Washington on critical debt ceiling talks lifted the mood in Asia but worries over China’s recovery still weighed despite upbeat factory numbers
Disappointing factory data out of China are another blow to the recovery hopes of the world’s manufacturing hub, dampening the mood on trading floors
Investor mood was lifted as Tokyo looks to spark an AI chips boom but pessimism over China’s post-Covid recovery weighed
Japan’s benchmark saw a second successive drop after reaching 33-year highs last week while Hong Kong’s main index tracked the global sell-off too
Tokyo’s benchmark index has hit 33-year highs and two Shanghai-listed ETFs that track the Nikkei 225 now exceed their net asset value
Japan’s benchmark dropped as bargain-buyers swooped while Hong Kong’s main index fell with confidence waning in China’s recovery
Bargain buying pushed Japan’s benchmark even higher while Chinese chip firms were lifted by Beijing’s ban on Micron Technology products
Japan’s benchmark was boosted by muscular domestic earnings and a weaker yen while Hong Kong’s main index struggled