Bangkok, June 08, 2022, SPA -- Shares were mostly higher in Asia on Wednesday after U.S. stocks rallied on heavy buying of technology companies, the Associated Press reported. Advancing Chinese technology shares also pushed Hong Kong sharply higher. Benchmarks likewise rose in other regional markets. Oil prices remained near $120 per barrel. Tokyo's Nikkei 225 index gained 1% to 28,234.29 while the Kospi in South Korea was little changed at 2,626.14. In Sydney, the S&P/ASX 200 advanced 0.4% to 7,121.10. Hong Kong's Hang Seng index jumped 2.1% to 21,987.92. The Shanghai Composite index reversed early losses, gaining 0.5% to 3,259.24. Tencent, China's largest games firm, rose 5.9% even though it was not directly affected by the government approvals. E-commerce giant Alibaba Group Holding soared 9.6% and food delivery concern Meituan advanced 3.5%. In other trading, benchmark U.S. crude oil added 59 cents to $120.00 per barrel in electronic trading on the New York Mercantile Exchange. It gained 91 cents to $118.50 per barrel on Tuesday. Brent crude, the standard for international trading, picked up 46 cents to $121.03 per barrel. The U.S. dollar was trading at 133.17 Japanese yen, up from 132.61 yen. The euro slipped to $1.0693 from $1.0705. --SPA 10:09 LOCAL TIME 07:09 GMT 0006 www.spa.gov.sa/w1743877