Hong Kong’s Hang Seng index is up 3.3%, after China’s state-run Central Huijin Investment bought stakes in the Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank. The Shanghai Composite is up 1.4%.Other Asia-Pacific markets extended their gains.
Japan’s Nikkei is up 2.0%.
Korea’s Kospi is up 2.2%.
Australia’s S&P/ASX is up 0.6%.