Asia Pacific Stocks up As Hang Seng Led the Gains

On Wednesday, August 18, Asia Pacific stocks climbed as they rebounded from yesterday’s losses. Hong Kong’s Hang Seng Index led the region’s gains by 0.75%.

The latest MSCI All Countries Asia Pacific Index as of August 17 fell 1.29% with a net loss of $2.55. This sent the stocks to the bottom at $195.69 per share.

In Hong Kong, the Hang Seng Index pushed the Asia Pacific stocks up. It increased 0.75% with a net gain of $192.95, which sent the stocks above $25,939 per share.

Its best performers include Xinyi Solar Holdings Ltd, which jumped 6.09% or 0.90 points to $2.01 per share.

Then, Meituan progressed by 4.40% or 9.40 points to $28.63 per share. Also, Hang Lung Properties Ltd improved 4.12% or 0.85 points to $2.76 per share.

In China, the Shenzhen Component Index boosted 0.38% with a net addition of $54.35. This sent the stocks up at $14,405.00 per share.

The Shanghai Composite Index smashed 0.56% with a net increase of $19.35. This sent the stocks higher at $3,466.33 per share.

Eyebright Medical Technology Beijing Co Ltd A led the benchmark’s gains as it spiked 17.46% or 43.82 points to $45.47 per share.

Yibin Paper Industry Co Ltd A followed as it boosted 10.02% or 1.26 points to $2.13 per share.

Then, China Industrial Securities Co Ltd A grew 10.02% or 0.98 points to $1.66 per share.

Additionally, South Korea’s KOSPI and Australia’s S&P/ASX 200 raised 0.65% to $3,163.58 and 0.05% to $7,514.40, respectively.

Japan Rebounded as Asia Pacific Stocks Up

Furthermore, Japan’s Nikkei 225 ranked second in contributing to the gains of the Asia Pacific stocks.

The benchmarks soared 0.72% with a net gain of $197.76, which sent the stocks up at $27,622.23 per share.

Its top performers were Toho Zinc Co Ltd, up 4.97% or 99.00 points to $19.07 per share.

Then, Nissan Chemical Corp enhanced 4.16% or 230.00 points to $52.54 per share. In addition, Fujikura Ltd hopped 3.23% or 19.00 points to $5.54 per share.

Moreover, the broader TOPIX Index ameliorated 0.71% with a net addition of $13.55. This sent the stock above at $1,929.18 per share.

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