Asian stocks rose, with the regional benchmark gauge heading for its biggest weekly increase in almost a year. Yahoo Japan Corp. plunged after agreeing to buy assets from parent SoftBank Corp.

Nikkei 225 14,696.03 +73.14 +0.50%

Hang Seng 22,065.53 +231.08 +1.06%

S&P/ASX 200 5,366.94 +16.85 +0.31%

Shanghai Composite 2,041.71 -4.88 -0.24%

Brilliance China Automotive Holdings Ltd. soared 7.5 percent in Hong Kong after full-year net income rose 47 percent.

Tencent Holdings Ltd. added 2.5 percent to advance the first time in four days.

Yahoo Japan slumped 6.4 percent after agreeing to buy eAccess Ltd. for 324 billion yen ($3.2 billion) from SoftBank, which fell 1.5 percent.