Shares in mainland China led the way in an otherwise cautious day of trading in Asia, as investor sentiment there was boosted by rumours of more stimulus from Beijing.
The Shanghai Composite closed up 2.33% at 3,536.91 points, while Hong Kong’s Hang Seng index closed up 0.44% at 22,479.69.
Elsewhere, Asian stocks were mixed despite a strong lead from Wall Street.
Japan’s Nikkei 225 index closed down 0.4% to 19,938.13 points.
The benchmark breached the key 20,000 level for the first time since August on Tuesday.
Reports were swirling that the Chinese government would unveil tax incentives to encourage more home purchases to stimulate the once red-hot property market.
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