Asia higher amid China's trade balance data - Breaking The News
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Asia higher amid China's trade balance data

EPA/WU HONG

Major stock indexes in the Asia-Pacific region traded higher on Monday, as China's trade surplus grew slightly in October, to stand at $85.15 billion.

In other news, Apple shared that China's COVID-19-related restrictions are impeding the production of its iPhone 14 Pro and iPhone 14 Pro Max, and now expects lower shipment of these products. Chinese officials remained adamant about upholding the zero-COVID policy.

In mainland China, the Shanghai Composite gained 0.40% at 4:26 am CET, with the Shenzhen Composite adding 0.48% a minute later. At 4:28 am CET, Hong Kong's Hang Seng soared 3.55%, while South Korea's Kospi Composite advanced 0.90% at the same time.

At 4:30 am CET Japan's Nikkei 225 jumped 1.33%, while the Australian S&P 200 rose 0.43% simultaneously. The dollar traded 0.28% higher against the yen at 4:31 am CET, selling for 147.18700.

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