Asian stocks mixed today: Hang Seng up 120 points, Nikkei shreds 0.22%

Asian stock markets mostly rose Wednesday, fueled by safe-haven demand amid reports of potential Israeli action against Iranian nuclear sites. China's rate cuts and CATL's successful IPO also boosted sentiment, while Australia cut interest rates. However, Japan's Nikkei declined, and US indexes slipped after a recent rally, with Moody's lowering its outlook on US creditworthiness.

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