Asia Markets: Asian markets mostly higher, paced by China

Asian markets were mostly higher Wednesday after a listless day of modest losses on Wall Street.

Chinese benchmarks led the advance, lifted by promises the legislature will enact measures to open the economy and cool trade tensions.

The Shanghai Composite index SHCOMP, +1.57% jumped 0.9% and Hong Kong’s Hang Seng HSI, +0.19% added 0.2%. Japan’s Nikkei 225 NIK, -0.60% lost 0.7 % as a stronger yen hurt shares of export manufacturers.

Elsewhere in Asia, Australia’s S&P ASX 200 XJO, +0.75% rose 0.7% and South Korea’s Kospi SEU, -0.17% lost 0.5%. Shares rose in Indonesia JAKIDX, -0.73% and Taiwan Y9999, +0.50% but fell in Singapore STI, -0.06% .

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