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Asia Markets Reassert Themselves
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Equities in Asia were back to climbing Friday, led by gains in Japan and Korea.

The Nikkei 225 vaulted 813.88 points, or 1.2%, to 68,557.73.

In Hong Kong, the Hang Seng index recovered 144.94 points, or 0.6%, to 24,175.12.

Investors are also looking ahead to the debut of South Korean chipmaker SK Hynix on the Nasdaq later today. The memory chipmaker added 1.3% in Asian trading on Friday ahead of its U.S. market debut.

The company, which exploded higher this year on the massive demand for memory, is pricing its American depository receipts at $149 each, according to Bloomberg, which cited an anonymous source.

In South Korea, Samsung Electronics gained 4.3%, Samsung SDI climbed 8.3%, LG Display advanced 4.4% and Seoul Semiconductor rose 5.9%.

In other markets;

In Shanghai, the CSI index faltered 95.53 points, or 2%, to 4,780.79.

In Korea, the Kospi index surged 184.03 points, or 2.5%, to 7,475.94

In Singapore, the Straits Times 50 index added 35.41 points, or 0.7%, to 5,469.29

In Australia, the ASX gained 43.5 points, or 0.9% to 8,806.04

Markets in Taiwan and New Zealand were closed for holiday.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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