Asian stocks rose, with the benchmark index set to gain for a third day in four, amid optimism euro-area finance chiefs will complete a second Greek bailout, and before the release of U.S. retail sales data.
Nikkei 225 9,899.08 +9.22 +0.09%
Hang Seng 21,339.7 +205.52 +0.97%
S&P/ASX 200 4,247.62 +50.93 +1.21%
Shanghai Composite 2,455.79 +20.94 +0.86%
HSBC Holdings Plc, Europe’s biggest bank by market value, rose 1.3 percent in Hong Kong.
Wynn Macau Ltd., a unit of the casino operator founded by billionaire Steve Wynn, jumped 9.1 percent after Deutsche Bank AG said Macau casino revenue may grow 25 percent in 2012.
Camera maker Canon Inc. dropped 0.7 percent in Tokyo, reversing gains, after the Bank of Japan decided against expanding its asset-purchase program and the yen strengthened.