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Asian stocks outside Japan rose as Chinese property developers and commodities companies climbed. Japanese shares fell after growth in the world’s third-largest economy slowed more than forecast.
Nikkei 225 13,519.43 -95.76 -0.70%
Hang Seng 22,224.9 +417.34 +1.91%
S&P/ASX 200 5,108.65 +53.44 +1.06%
Shanghai Composite 2,101.28 +49.05 +2.39%
Raw-materials suppliers led gains on the regional equities index, with BHP Billiton Ltd., the world’s biggest miner, jumping 2.4 percent in Sydney.
China Resources Land Ltd., the second-largest mainland developer traded in Hong Kong, rose 2.5 percent amid speculation the government will relax a ban on companies raising funds through share sales.
Bridgestone Corp., Japan’s No. 1 tiremaker, advanced 2.8 percent after raising its full-year profit forecast.
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