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Big jump for Hong Kong

Hong Kong stocks rose further on Thursday, after an U.S. rally overnight boosted investor sentiment.

In Japan, the Nikkei 225 index fell 67.92 points, or 0.4%, to 19,476.56,

The yen retreated against the greenback on Thursday, with the U.S. dollar buying ¥120.70, compared with ¥120.09 late Wednesday in New York.

The Hang Seng Index zoomed higher 348.81 points, or 1.5%, to 24,469.89

Bolstering the markets were solid gains in U.S. stocks overnight after the Federal Reserve dropped “patient” from its policy statement but cautioned it would raise interest rates at a slower pace.

Among top outperformers in Hong Kong markets, Chinese online major Tencent Holdings Ltd. the second-largest Hang Seng constituent, surged 6.7%, after its fourth-quarter earnings jumped 50%.

In other markets

The Shanghai CSI 300 shed 6.32 points, or 0.2%, to 3,839.74

The Taiex index in Taiwan triumphed 83.30 points, or 0.9%, to 9,736.73

In Singapore, the Straits Times Index regained 24.41 points, or 0.7%, to 3,386.16

The Kospi index in Korea moved up 9.44 points, or 0.5%, to 2,037.89

In New Zealand, the NZX 50 rebounded 12.74 points, or 0.2%, to 5,859.40

The S&P/ASX index was stronger 108.47 points, or 1.9%, to 5,950.81