Panoramic view of the Hong Kong skyline in Hong Kong on Saturday, May 22, 2021.
Noor Photos | Noor Photos | Getty Images
Asia-Pacific markets opened mixed on Wednesday, with Hong Kong futures Hang Seng Index It said the index opened up 4%.
Hang Seng Index futures were quoted at 19,763 points, while the index's last closing price was 19,000 points.
Chinese markets rose yesterday, with the Hang Seng notching its best daily gain in seven months and mainland China's CSI 300 notching its biggest daily gain in more than four years, after the People's Bank of China announced a slew of economic support measures. .
Investors will focus on Australia's inflation data on Wednesday, with economists polled by Reuters saying consumer prices are expected to rise 2.7% annually.
Australia's S&P/ASX 200 index futures were at 8,230 points, higher than the previous closing point of 8,142.2 points. At this level, the index would break above its all-time closing high of 8,209.5.
In contrast, Japan Nikkei 225 Index Futures showed that the market opened weaker, with the Chicago futures contract at 37,775 points and the Osaka futures contract at 37,630 points, compared with the previous closing price of 37,940 points.
In the U.S. stock market overnight, the S&P 500 index rose 0.25% to 5,732.93 points on Tuesday, setting a new high; the blue-chip Dow Jones Industrial Average rose 0.2% to close at 42,208.22 points, setting a new record.
The Nasdaq Composite rose 0.56%, driven by shares of chipmaker Nvidia.
Shares of artificial intelligence darling Nvidia rose nearly 4% after regulatory filings showed Chief Executive Jensen Huang had temporarily ended a sale of shares in the chipmaker.
—CNBC’s Brian Evans and Hakyung Kim contributed to this report.