Asia Mixed on Virus Developments Advertisment Stocks in Asia-Pacific were mixed on Wednesday as investors watched for developments on the coronavirus front.
The Nikkei 225 popped 292.25 points, or 1%, to 28,456.59
The Japanese government is set to expand the state of emergency to more areas on Wednesday, according to local media reports. That comes after Japanese Prime Minister Yoshihide Suga recently declared a state of emergency in Tokyo and three other areas in a bid to stem a rise in coronavirus infections.
The Japanese yen traded at 103.66 per U.S.dollar, stronger than levels above 104 against the greenback seen earlier this week.
The Hang Seng index in Hong Kong backed down 41.15 points, or 0.2%, to 28,235.60.
Chinese artificial intelligence company Megvii Technology has taken its first step to listing on the Shanghai Stock Exchange's Science and Technology Innovation Board, or the STAR Market, The Paper reported.
Read more about Sensex, Nifty strike record high on Business Standard. Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 198.14 points or 0.4% at 49,715.25. The Nifty 50 index was up 66.70 points or 0.46% at 14,630.15.
Lenovo said it had filed to issue so-called Chinese depositary receipts (CDRs) on the Science and Technology Innovation Board of the Shanghai Stock Exchange.