Emerging-market equities increased on Wednesday led by a rally of China's stocks after building material prices in the country rose and as Japan's Yen dropped together with Indonesia's Rupiah touching a four-month low. The MSCI Emerging Market Index gained 0.2% to 1,007.61 by 2:19 p.m. Hong Kong time as the Shanghai Composite Index jumped 1.1% in the last half hour of the session.