Asia stocks flat after Wall Street enters record territory

Asian stocks are trading mixed even though a rally on Wall Street saw US stock indices enter record territory.

The Dow Jones Industrial Average and the Nasdaq Composite Index rose to new highs as traders bet central banks will unleash new stimulus measures.

Japan’s benchmark Nikkei 225 fluctuated in early trade and is down 0.14% as the strong yen weighed on exporter shares.

South Korea’s Kospi is 0.2% higher as it resumed trading after a holiday on Monday. Australia’s S&P/ASX 200 and New Zealand’s S&P/NZX 50 Index are both flat.

In Greater China, stocks opened higher on hopes the launch date of a new trading link between Shenzhen and Hong Kong will be announced soon.

Hong Kong’s Hang Seng rose 0.6% and the Shanghai Composite gained 0.15%.