A panel displays global stock indexes at the Hong Kong Exchanges in Hong Kong, China December 5, 2016. Photo: Reuters/Bobby Yip

Asian emerging markets were a sea of Green overnight led by Vietnam (+0.93%), followed by the Philippines (+0.64%) India (+0.56%), Indonesia (0.54%) and Korea (+0.20%).

Infrastructure stocks led gains in the HSCEI and the KOSPI, with China Railway Group and China Communications Construction up sharply in Hong Kong, and Daewoo and Hyundai Engineering leading the Korean market.