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Asian stocks rose on speculation China will introduce measures to stimulate the economy after exports contracted by the most since 2009 as a stronger yen pulled down Japanese exporters.
Nikkei 225 14,416.6 -56.30 -0.39 %
Hang Seng 20,904.56 +221.55 +1.07 %
S&P/ASX 200 4,901.36 +19.70 +0.40 %
Shanghai Composite 2,008.13 +42.67 +2.17 %
Chow Tai Fook Jewellery Group Ltd., the world’s biggest jewelery chain had a record gain in Hong Kong after same-store sales jumped on gold demand.
Aeon Co., Japan’s largest retailer, rose 1.4 percent in Tokyo after reporting a 9.8 percent increase in first-quarter operating profit.
Fanuc Corp., a supplier of factory automation systems, slipped 1 percent, pacing losses among Japanese exporters.
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