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Asian stocks outside Japan advanced, with a regional gauge heading for its third gain in four days, as Chinese shares rallied after a regulator said China can boost by 10 times quotas for foreign investment in its financial markets.
Nikkei 225 10,801.57 +148.93 +1.40%
S&P/ASX 200 4,719.71 +10.22 +0.22%
Shanghai Composite 2,311.74 +68.74 +3.06%
Citic Securities Co., China’s biggest listed stock brokerage, jumped 5.4 percent in Hong Kong.
China Railway Group Ltd. added 1.2 percent after saying it won contracts worth 29.8 billion yuan ($4.8 billion).
Li & Fung Ltd., a supplier of clothes and toys to retailers, slumped 15 percent in Hong Kong after operating income dropped.Developer CapitaLand Ltd. sank 4.4 percent in Singapore after the island’s government announced extra property cooling measures
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