Hong Kong stocks flat, Japan and South Korea rise in Wednesday trading
Hong Kong's Hang Seng Index edged up 6 points to 23,047 in early trading on Wednesday. Japan's Nikkei 225 rose 1.34 per cent, while South Korea's KOSPI surged nearly 6 per cent, boosted by chipmakers after SK Hynix reported strong quarterly profit.
Hong Kong stocks saw little change in early trading on Wednesday, with the benchmark Hang Seng Index inching up by 6 points to 23,047 points. The Hang Seng Tech Index gained 1 per cent to around 3,839 points.
In Japan, the benchmark Nikkei 225 climbed 1.34 per cent to 64,117.58 in morning trade, while the broader Topix rose 0.39 per cent to 4,012.81.
South Korean shares rallied 6 per cent on Wednesday, as chipmakers jumped after SK Hynix announced higher-than-expected third-quarter profit and forecast demand to remain robust. The benchmark KOSPI was up 337.64 points, or 5.99 per cent, at 5,975.98 as of 0140 GMT. The index will post its biggest daily percentage rise since 31 July if the trend holds.