Markets in the Asia-Pacific traded higher, carrying on the optimism behind Wall Street's rally as Federal Reserve Chair Jerome Powell confirmed smaller rate hikes could start in December.
Hong Kong's Hang Seng index rose 1.42%, with the Hang Seng Tech index trading 2.3% higher. In mainland China, the Shanghai Composite was up 0.45%, while the Shenzhen Component gained 1.4%.
The Caixin/Markit Manufacturing Purchasing Managers' Index for China came in at 49.4, higher than expectations while marking a fourth consecutive month of contraction.
The Nikkei 225 in Japan rose 0.92% to 28,226.08 while the Topix rose 0.04% to 1,986.46. In South Korea, the Kospi gained 0.3% to 2,479.84 and the S&P/ASX 200 in Australia rose 0.96% to 7,354.4.
Overnight in the U.S., major indexes ended the session higher, with the S&P ending its 3-day losing streak and the Dow Jones jumping 700 points after Powell's comments.