The Hang Seng Index led gains in Asia-Pacific as China inflation data came in roughly in line with expectations.
Hong Kong’s Hang Seng index advanced more than 2%, while the Hang Seng Tech Index rose 2.45%. Mainland China’s Shenzhen Component was 0.556% higher while the Shanghai Composite inched up 0.3%.
China’s consumer price index rose 1.6% in November on an annualized basis, while its producer price index fell 1.3%.
Japan’s Nikkei 225 closed up 1.18% at 27,901.01, while the Topix added 1.03% to stand at 1,961.56. In Australia, the S&P/ASX 200 inched up 0.53% to close at 7,213.2.
The Kospi in South Korea gained 0.76% to 2,389.04, while the Kosdaq climbed 0.98%, closing at 719.49. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.32%.
Source : CNBC
