DAVID HAFFENREFFER, CNN ANCHOR: Let's get a quick check now of the overnight trading activity in the Asian markets.</s>DEBORAH MARCHINI, CNN ANCHOR: Lorraine Hahn wraps up today from our studios in Hong Kong. Hello, Lorraine.</s>LORRAINE HAHN, CNN CORRESPONDENT: Good to see you both. Asia's key stock markets made mild gains Wednesday. In Tokyo, shares ran out of steam after the generally optimistic tankan report that was out yesterday. Selling spread across a wide range of sectors, such as the real estate and telecom sectors. Internet investor Softbank a big loser today, tumbling 10 1/2 percent to a nine-month low. But Honda Motor still managed to shine, up almost six percent. Overall, the Nikkei index picked up just a fifth of one percent. Here in Hong Kong, telecom stocks were in favor, with Hutchison Whampoa gaining almost five percent on news it was about to sell a 35 percent stake in its British operating firm to Japanese mobile-phone giant NTT and Dutch carrier KPN Telecom. The Hang Seng index rose close to 1 1/2 percent. Finally, in Taiwan, the market there jumping 4.5 percent after hitting a closing year low yesterday. Investors gobbled up banking shares after the government offered a new set of proposals to boost traditional industries. So pretty good news for the Taiwan market. And that's a check from me, back to you in New York.</s>HAFFENREFFER: All right, Lorraine, thank you very much.
Asia's Key Stock Markets Make Mild Gains