ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Stocks

Nikkei Asia300 rises after US indexes set records on tax cut bets

Finance, technology heavyweights in Hong Kong and Seoul lead gains

MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced following a record-setting session on Wall Street amid optimism over U.S. corporate tax cuts as voting on the long-awaited overhaul draws near.

The Nikkei Asia300 Index added 0.5% to 1,384.80 after rising 0.7% last week. Technology heavyweights Samsung Electronics and Tencent Holdings advanced at least 1.2% each, while China Construction Bank (CCB) and Industrial & Commercial Bank of China (ICBC) also climbed more than 1%. Hong Kong Exchanges & Clearing jumped 4.2%, the most in almost a month, after the bourse operator unveiled a proposal on Friday to allow companies to list shares with different classes of voting rights.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more