Hong Kong's Hang Seng surged 2.2%, and Japan's benchmark Nikkei 225 gained 1.6% in morning trade.
TOKYO — Asian shares rose Thursday, tracking a rally on Wall Street after signs of progress on resolving the standoff in Congress over the debt ceiling.
But southern and southeastern Asia, where vaccination rollouts have lagged, remain vulnerable to COVID-19 “pandemic-related setbacks.” Recent problems in China’s property sector are another risk, he added. “People were nervous about the debt ceiling,” said Jay Hatfield, CEO of Infrastructure Capital Advisors.
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