Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff threat, which prompted profit-taking after six days of gains.

In Tokyo, the Nikkei 225 index was up 1.5% at 39,604.71 after Trump announced a joint venture that aims to invest up to $500 billion in infrastructure related to artificial intelligence. Softbank Group Corp.'s Japan-listed shares surged 8.9% on Wednesday.

China's stock market remained flat with minor fluctuations following US President Trump's decision to delay tariff hikes on Chinese goods. This move has provided markets with temporary ease. The property sector witnessed a rebound,

On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following U.S. President Donald Trump and China President Xi Jinping’s Friday phone call that took place after Asia markets closed and before the U.S. markets opened.

China and Hong Kong stocks fell on Wednesday after U.S. President Donald Trump hinted at new tariffs on Chinese imports, ending a brief reprieve for the markets.

Chinese stocks fell after US President Donald Trump said his threat to impose 10% tariffs on the nation’s goods was still being considered and may take place next month.

Markets in China and Hong Kong fell Wednesday after U.S. President Trump reiterated a threat to impose an additional 10% tariff on Chinese goods.