Most Asian shares outside Japan rose after Chinese industrial profits increased for a fourth month. Japan’s Nikkei 225 Stock Average, which on Jan. 25 capped its longest streak of weekly gains in more than 40 years, fell as Fanuc Corp. and Hitachi High-Technologies Corp. cut profit forecasts.
Nikkei 225 10,824.31 -102.34 -0.94%
Hang Seng 23,671.88 +91.45 +0.39%
S&P/ASX 200 Closed
Shanghai Composite 2,346.51 +55.20 +2.41%
Anhui Conch Cement Co. led increases among Chinese makers of the material in Hong Kong after Shenyin & Wanguo Securities Co. recommended the sector.
Nintendo Co. and Sony Corp. both climbed more than 3.5 percent on a report China may lift a ban on imports of game consoles.
Fanuc and Hitachi High-Tech each slumped more than 6.6 percent in Tokyo.