Dubai-Mubasher: Chinese markets rallied on Wednesday, while Nikkei 225 index slipped to reverse the upward trend it maintained for several sessions.
Shanghai Composite index rose 2.33% to reach 3,537; the highest level in a week, backed by the news that the International Monetary Fund (IMF) has approved China's yuan into its elite reserve currency basket.
Hang Seng index gained 0.44% to reach 22,480 points.
Nikkei 225 index declined 0.37% amid weak trading, while JPX-Nikkei index 400 retreated 0.1% to reach 14,424.16 points
