06:37 AM EDT, 07/11/2024 (MT Newswires) -- The global tech rally extended to Asia Thursday, with regional equity indices pushing higher after signals from New York and Europe.

Hong Kong, Shanghai, and Tokyo finished in the green, as did most other regional exchanges.

In Japan, the Nikkei 225 opened higher on Wall Street cues and held ground, finishing up 0.9% and striking another fresh all-time apex.

The benchmark Nikkei 225 rose 392.03 to 42,224.02, as gaining issues outnumbered losers 180 to 44.

Leading the upside was silicon wafer maker Sumco, up 5.9%, while electronic equipment company Fujikura fell 3%.

In Hong Kong, the Hang Seng Index opened higher and rose to the close, finishing up 2.1% after Beijing announced plans to limit short-selling and control computer-driven quant trading.

The broad gauge Hang Seng rose 360.66 to 17,832.33, as gaining issues outnumbered losers 77 to five. The Hang Seng TECH Index gained 2.7% and the Mainland Properties Index rose 2.6%.

Leading the upside was Li Auto, gaining 7.1, while China Resources Power declined 1.8%.

On the mainland, the Shanghai Composite rose 1.1% to 2,970.39.

In other news, the China Securities Regulatory Commission (CSRC) said late Wednesday it would raise the margin deposit ratio for short-selling and pledged more scrutiny for quant-based trading, reported the South China Morning Post.

The state-backed margin finance company, China Securities Finance, also said it would halt lending of stocks to brokerages to accommodate short selling, added the Post.

On the other regional exchanges, the S. Korean KOSPI rose 0.8%; the Taiwan TWSE inclined 1.6%; the Australian ASX 200 inclined 0.9%; the Singapore Straits Times Index rose 0.4%, and the Thai Set inclined 0.5%. In late trading in Mumbai, the Sensex was steady.

In other news, the central banks in Malaysia and South Korea kept key interest rates unchanged following policy sessions.