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Asian stocks rose, with the benchmark index heading for its biggest gain in four weeks, on speculation the next head of the Federal Reserve will maintain U.S. stimulus and as a falling yen boosted Japanese shares.
Nikkei 225 14,876.41 +309.25 +2.12%
S&P/ASX 200 5,355.43 +36.25 +0.68%
Shanghai Composite 2,100.51 +12.57 +0.60%
Sony Corp., a Japanese electronics maker that gets 68 percent of revenue abroad, added 2.3 percent.
Shandong Weigao Group Medical Polymer Co., a maker of medical products, jumped by a record 27 percent in Hong Kong after brokerages including UBS AG recommended the stock.
Tencent Holdings Ltd., Asia’s largest Internet company, gained 4.8 percent in Hong Kong after posting a 35 percent increase in revenue from online games
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