Asian markets, excluding China, are predicted to recover.

Asian markets, excluding China, are predicted to recover.
Asian markets, excluding China, are predicted to recover.
  • Beijing's economic stimulus measures have led to a five-day winning streak for Mainland China's CSI 300, reaching its highest levels in nearly two months.
  • The Hang Seng index in Hong Kong has increased for three consecutive days, mirroring gains on the mainland and reaching its peak since May.

On Thursday, the Asia-Pacific markets are expected to rise, with China's markets predicted to continue their upward trend and other regional markets positioned for a recovery.

Beijing's economic stimulus measures have propelled Mainland China's CSI 300 to a five-day winning streak, reaching its highest levels in nearly two months. Meanwhile, Hong Kong's stock market is poised for a third consecutive day of gains, as indicated by futures data.

The Hong Kong index has reached its highest level since May, with HSI futures at 19,336, higher than the HSI's last close of 19,129.1.

The S&P/ASX 200 futures for Australia were at 8,195, a slight increase from its previous close of 8,126.4.

The futures market in Japan is predicted to recover, as indicated by the Chicago futures contract at 38,295 and the Osaka futures contract at 38,110, both higher than the previous close of 37,870.26.

Despite hitting fresh records in early trading, the Dow Jones Industrial Average fell 0.7% overnight in the U.S., while the broad-based S&P 500 index lost 0.19%.

The Nasdaq Composite eked out a narrow gain of 0.04%.

—CNBC's Brian Evans and Jesse Pound contributed to this report.

by Lim Hui Jie

Markets