Most Asian markets rise; Japanese exporters, financial companies gain after Wall Street rally

Most Asian markets rose Monday, with tech and financial companies gaining in Japan after Wall Street rallied at the end last week.

Meanwhile, property developers helped to boost the Hong Kong market, and the Shanghai benchmark gave up most of its early, sharp gains that came with a new regulatory ruling.

Tokyo's Nikkei 225 stock index rose 1.6 percent to 13,696.5. Hong Kong's Hang Seng rose 2.2 percent to 24,721.7. The Shanghai Composite Index rose 0.7 percent to 3,117.0 after surging nearly 7 percent in early trading.

Despite the robust gains there, traders in Tokyo said investors would likely trade with caution for the rest of the month ahead …