Red flags fly at Tiananmen Square in Beijing, China, Wednesday, July 10, 2024.
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Asia-Pacific stocks rose on Thursday, led by Japanese stocks Nikkei 225 Index Chinese markets continued their gains.
Japanese Nikkei Index The Bank of Japan rose 2.12%, while the Topix gained 1.65% Published meeting minutes July meeting.
CSI 300 hits new high for seventh consecutive trading dayeEconomic growth hit a new high in nearly two months after Beijing launched a series of economic stimulus measures on Tuesday. The index opened 0.15% higher.
At the same time, Hong Kong Hang Seng Index It rose 0.91%, hitting its highest level since May.
Korean Cospi The stock rose 1.9%, driven by chipmaker SK Hynix's gain of more than 8%, while small-cap Kosdaq rose 1.31%.
SK hynix announced On Wednesday, the company started mass production of the world's first 12-layer HBM3E chip, which is used in AI memory applications.
Australia's S&P/ASX 200 index rose 0.53%.
The U.S. Dow Jones Industrial Average and S&P 500 both fell overnight and pulled back from their latest records. Despite setting a new record in early trading, the Composite Index fell 0.19% and the 30-stock Dow Jones Industrial Average fell 0.7%.
The Nasdaq edged up 0.04%.
—CNBC’s Brian Evans and Jesse Pound contributed to this report.