Asia stocks saw a broad recovery on Friday following another tumble on Wall Street overnight, with the Dow Jones Industrial Average dropping by more than 500 points. In the Greater China region, Hong Kong's advanced by 2.07 percent in afternoon trade. Over on the mainland, the Shanghai composite bounced on the back of positive trade data for the month of September to close higher by 0.91 percent at around 2,606.91, while the Shenzhen composite advanced by 0.19 percent at about 1,296.36. In Japan, the saw gains of 0.46 percent to close at 22,694.66 while the Topix index ended largely flat at 1,702.45. The ASX 200 closed higher by 0.2 percent at 5,895.7 after losing 0.52 percent earlier in the session. The energy sector, however, was lower by 1.5 percent, while the heavily weighted financial subindex was largely flat. Shares of major banks Down Under saw a recovery though some still ended the trading day lower, with Australia and New Zealand Banking Group down by 0.38 percent while Commonwealth Bank of Australia was largely flat. The move in ANZ's stock came following an announcement by its chief executive that the bank had fired over 200 staff for wrongdoing. Over in South Korea, the Kospi saw gains of 1.54 percent at 2,162.37, with shares of chipmaker SK Hynix advancing 5.07 percent.

Wall Street stock rout continues

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