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Asia Markets: Asia stocks find solid footing, build on late comeback in U.S. markets

Stocks in Asia rose Wednesday, with China leading a turnaround from a weak open, with Japan’s Nikkei going the other way and turning lower after an upbeat open..

Chinese stocks overcame a rough beginning to trade higher. The Shanghai Composite SHCOMP, +1.53% was up 1.3% after falling 2.3% Tuesday. Smaller-cap stocks in Shenzhen 399106, +0.80% were also modestly higher. The energy sector, like elsewhere in the region, is the sore spot in China after the overnight plunge in oil prices. But financials are broadly up.

Here are the early signs China’s stock market woes are starting to infect the rest of the world.

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