HONG KONG (Nikkei Markets) -- Hong Kong shares were higher after a choppy morning session on Wednesday, with investor confidence weighed by uncertainty after President Donald Trump said the U.S. will withdraw from a nuclear deal with Iran. Energy producers and some market heavyweights paced gains.
The Hang Seng Index was up 0.4% to 30,525.19 by the noon lunch break after changing direction at least six times earlier in the day. Tencent Holdings climbed 1.2%, building on Tuesday's 2.8% advance in the lead-up to its first-quarter results, which are due next week. AIA Group added 0.8%. The life and medical insurer is part of a group of investors pumping $500 million into Tencent-backed We Doctor Holdings under a long-term strategic partnership. We Doctor said the funding round marked the largest pre-initial public offering fundraising in China's technology-based medical and healthcare sector.
