China, Hong Kong stocks lift Asian equities; growth worries loom

fell to near a one-month low. E-mini futures for the S&P 500 fell 0.13%, while Eurostoxx 50 futures was down 0.20%, German DAX futures fell 0.18% and FTSE futures 0.17% lower.

"The thing that stands out is what's going on U.S. Treasury market, there does not seem to be a lot behind the moves, and I think that's what driving most of the rest of the market," said Rob Carnell, head of ING's Asia-Pacific research. The Bank of Canada on Wednesday hinted that its historic tightening campaign was near an end as it raised benchmark overnight interest rates by 50 basis points to 4.25%, the highest level in almost 15 years.

The yield on 10-year Treasury notes was up 5.4 basis points to 3.462%, while yield on the 30-year Treasury bond was up 3.6 basis points to 3.450%.

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