Shares in the Asia-Pacific rose on Friday as investors look ahead to U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole later stateside.
The Nikkei 225 jumped 162.37 points, or 0.6%, to 28,641.38.
In Hong Kong, the Hang Seng index hiked 201.66 points, or 1%, to 20,170.04.
Delisting fears have plagued U.S.-listed Chinese companies in recent months because of the audit dispute. In Hong Kong, Alibaba shares rose 2.1% and Baidu gained 2.5%.
A slew of companies listed in Hong Kong will be reporting earnings, including Meituan.
CHINA
In Shanghai, the CSI 300 lost 8.69 points, or 0.2%, to 4,107.55.
Chinese tech stocks with listings in both Hong Kong and the U.S. were higher. It came as the Wall Street Journal reported that Washington and Beijing are close to reaching an agreement that would allow U.S. accounting regulators to inspect audit records in Hong Kong.
In other markets
In Taiwan, the Taiex hiked 78.4 points, or 0.5%, to 15,278.44
In Korea, the Kospi index gained 3.77 points, or 0.2%, to 2,481.03
In Singapore, the Straits Times Index inched up 1.73 points, or 0.1%, to 3,249.53.
In Australia, the ASX 200 moved forward 55.94 points, or 0.8%, to 7,104.06.
In New Zealand, the NZX settled 18.85 points, or 0.2%, to 11,608.29.
