Asia markets saw gains during Wednesday afternoon trade as investors remained cautiously optimistic Beijing and Washington could move forward on a trade deal.
Japan's Nikkei 225 advanced 1.3 percent in afternoon trade while the Topix gained more than 1.2 percent, with most sectors trading up.
South Korea's Kospi also gained 1.9 percent as shares of industry heavyweight Samsung Electronics advanced 3.54 percent and steelmaker Posco rose more than 3.6 percent. Shares of chipmaker SK Hynix also soared more than 6 percent.
Australia's benchmark ASX 200 rose nearly 1 percent, with all sectors advancing. The energy subindex added around 2 percent. Oil stocks gained, as shares of Santos rose 2.09 percent, Woodside Petroleum higher by 2.25 percent and Beach Energy surged 5.34 percent.
The moves in the oil sector Down Under came on the back of Tuesday's strong gain in oil prices, with the rally extending into Wednesday. In the afternoon of Asian trade, international benchmark Brent crude futures gained 1.36 percent to $59.52 per barrel while U.S. crude futures advanced 1.63 percent to $50.59 per barrel.
Source: CNBC
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