Asian markets rallied Thursday, boosted by short covering in Hong Kong and positive moves from Wall Street after better-than-expected U.S. jobs figures.
The Hang Seng Index jumped 5.7% while Japan’s Nikkei Stocks Average ended the day up 1.7%.
Many financials were outperforming the broader climb, with Nomura Holdings Inc. up 3.8% and Daiwa Securities Group Inc. adding 4.3% in Tokyo.
In Japan, exporters were performing strongly as upbeat sentiment carried over from the U.S. session. Fujitsu Ltd. rose 6.5%, Sony Corp. traded 4.7% higher, and Elpida Memory Inc. advanced 6.6%.
Some Hong Kong-listed property developers saw particularly sharp gains, including Agile Property Holdings Ltd. up 19.7%, and China Overseas Land & Investment Ltd. up 17.4%.
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South Korea’s Kospi climbed 2.6%.
Australia's benchmark S&P/ASX 200 gained 143.40 points to 4,069.90.
The NZX 50 Index rising 18.09 points, or 0.54 percent, to 3346.21.
The benchmark Kospi gained 2.63 percent.
Singapore's Straits Times was up almost 3 percent
The Taiwan Weighted gained over 2 percent.
