Hong Kong stocks rose again on Thursday morning after Donald Trump delayed the latest round of tariffs on Chinese goods, fuelling fresh hopes for an easing of trade tensions between the two biggest economies.

The Hang Seng Index added 0.5 percent, to 27,283.

On the mainland, the Shanghai Composite Index added 0.3 percent, to 3,016 while the Shenzhen Composite Index also rose 0.3 percent, to 1,675.

In Tokyo, the Nikkei 225 index was soared over 1 percent in early trade, to 21,814.

Exporters were higher, with Sony up 1.1 percent at 6,519 yen and chip-making equipment manufacturer Tokyo Electron up 2 percent at 20.810 yen.

Yahoo Japan was up 2.7 percent at 306 yen after it announced plans to take a majority stake in online retailer Zozo through a friendly takeover bid. (AFP)