Greater China shares higher by more than 1 percent, leading Asian markets [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Greater China shares higher by more than 1 percent, leading Asian markets Shares in greater China jumped by mid-day on Thursday as Asian stocks broadly built on the momentum seen on Wall Street overnight. "Calm has finally returned to markets," analysts at Mizuho Bank wrote in a note. Trading in markets globally was volatile at the start of the week, but stabilized after news reports in recent days indicated an easing in tensions between the U.S. and China . Greater China markets initially opened mixed, but staged a comeback to lead the rest of Asia. Hong Kong's Hang Seng Index climbed 1.34 percent by the lunch break at noon, while the Shanghai composite was up 1.60 percent. The Shenzhen composite, which opened slightly lower, recovered to gain 1.538 percent. In Japan, the Nikkei 225 was up 1 percent and the Topix index was 0.77 percent higher. Over in South Korea, the Kospi was 0.64 percent higher. Australian stocks, meanwhile, saw relatively modest gains. The ASX 200 index inched up
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