In Hong Kong, stocks were nearly 2 percent higher at midday, making up for most of their drop on Wednesday. In Australia, shares rose more than 3 percent in late trading.
Shares in Shanghai, which do not always track global markets, were up about 1 percent, having fallen by less than that amount on Wednesday.
Asian stock markets plunged on Wednesday as Mr. Trump took commanding leads over Hillary Clinton in crucial states in the United States election, reflecting uncertainty over what Mr. Trump, a political neophyte and critic of global trade deals, might do in office. But stocks rebounded later in the trading day after Mr. Trump gave a mild victory speech that included a pledge to increase American infrastructure spending.
In the United States, the benchmark Standard & Poor's 500-stock index closed up 1.1 percent on Wednesday. The Nasdaq composite index also ended up 1.1 percent, while the Dow Jones industrial average rose 1.4 percent. Trading volume was the heaviest since the market turmoil of late June after Britain's vote to leave the European Union.
"The market was quickly pivoted yesterday from doomsday scenario to refocus on what President-elect Trump means for both the global and U.S. economy," Stephen Innes, a senior currency trader at Oanda in Singapore, said in a research note. "This will take some time to understand the implications, especially in the areas of trade, globalization and the Federal Reserve."
Before the election on Tuesday, government bond interest rates had been inching upward. On Wednesday, there was a sharp sell-off of Treasury securities, pushing the yield — which moves in the opposite direction from the price — on the benchmark 10-year note past 2 percent for the first time since January. The yield ended Wednesday at 2.07 percent.
Similar bonds issued by Japan and Germany, which this year began offering negative yields, were creeping toward positive territory. Ten-year Japanese government bonds on Thursday morning had a yield of 0.037 percent.
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