Market sentiment improved in the Asian session following reports that China will add fresh support to spur economic recovery.
Most recently, China's top leaders have pledged to boost consumption and offer more support for the troubled real estate sector.
Chaired by President Xi Jinping, the Communist Party's highest decision-making body (Politburo) said it would implement "counter cyclical" policies and largely adhere to prudent monetary policies and pro-active fiscal policies.
Although there was no announcement of large-scale stimulus, but the statement showed their stronger determination against the economic challenges.
The Politburo is also aware that the country is facing new difficulties and challenges, which mainly arise from weak domestic demand, difficulties in enterprise operations and a bleak and complex external environment.
After that, the recovery will continue in a gradual way in a tortuous process. The government is also seen to focus on curbing emerging risks.
In the meantime, there are also reports that say state banks intervene to sell US dollars to curb the weakness of the yuan currency.
This indirectly helped shares in China rise, and also lifted Aussie and New Zealand dollar trading in the Asian session.
