MANILA, Philippines (AP) — Asian shares rose on Thursday, taking their cue from Wall Street, where a winning streak extended to a fourth straight day.

The future for S&P 500 and that for the Dow Jones Industrial Average were nearly unchanged.

Japan’s Nikkei 225 added 1.2% to 50,167.10 as investors bet that the Federal Reserve will cut interest rates at its Dec. 10 meeting.

The Japanese government also reportedly plans to issue 11 trillion yen ($70.5 billion) in new bonds to fund its economic package. Tech-related stocks advanced, with SoftBank Group jumping 3.6% and Kioxia Holdings up 7.9% following a nearly 15% rout the day before.

In Chinese markets, Hong Kong’s Hang Seng index picked up nearly 0.1% to 25,952.42, while the Shanghai Composite index climbed 0.3% to 3,875.26.

Gains w

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