SINGAPORE — Shares in Asia-Pacific mostly rose in Friday trade following overnight gains for tech stocks stateside as the Nasdaq Composite rebounded.
Hong Kong’s Hang Seng index gained 0.7% in morning trade, with shares of JD.com soaring nearly 5% following the Singles Day online shopping event, while Alibaba edged around 0.3% higher.
Meanwhile, Hong Kong-listed shares of Chinese chipmaker Semiconductor Manufacturing International Corporation dropped nearly 4% after the firm said a top executive and multiple board members resigned. The Hang Seng Tech index gained more than 1%.
Mainland Chinese stocks lagged the broader region, with the Shanghai composite and Shenzhen component both fractionally lower.
Japan’s Nikkei 225 gained 1.01% while the Topix index rose 1.19%. In South Korea, the Kospi climbed 1.22%.
Australian stocks also rose as the S&P/ASX 200 gained 0.96%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.52% higher.
Overnight stateside, the tech-heavy Nasdaq Composite rose 0.52% to 15,704.28 while the S&P 500 advanced slightly to 4,649.27. The Dow Jones Industrial Average lagged, declining 158.71 points to 35,921.23.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 95.251 following its jump earlier this week from below 94.4.
The Japanese yen traded at 114.27 per dollar, struggling to recover after weakening from below 113.5 against the greenback earlier in the week. The Australian dollar changed hands at $0.7282, still off levels above $0.738 seen earlier this week.
Oil prices were lower in the morning of Asia trading hours, with international benchmark Brent crude futures down 0.54% to $82.42 per barrel. U.S. crude futures slipped 0.51% to $81.17 per barrel.
