Tokyo stocks surged after Japanese finance minister Taro Aso said Tuesday that the government might intervene if the yen were to further strengthen against the dollar.
Tokyo’s Nikkei 225 rose 2.2 percent to end at 16,565. Hong Kong’s Hang Seng inched up 0.43 percent to finish at 20,243. Shanghai’s SSE was virtually flat at 2,832.
Fast Retailing gained 1 percent to end at 28,895 yen. Shiseido advanced 2.8 percent to finish at 2,446 yen.
Chow Tai Fook fell 1.7 percent to end at 5.08 Hong Kong dollars. Esprit slid 1 percent to finish at 6.64 Hong Kong dollars.