Asian stocks rose after Japan posted an unexpected trade surplus and as a survey that showed China’s manufacturing may contract this month stoked speculation the government may introduce more measures to bolster growth.
Nikkei 225 10,127.08 +40.59 +0.40%
Hang Seng 20,901.56 +44.93 +0.22%
S&P/ASX 200 4,273.68 +19.43 +0.46%
Shanghai Composite 2,375.77 -2.42 -0.10%
First Tractor Co., a Chinese maker of farm equipment, jumped 6 percent in Hong Kong after the mainland’s central bank cut reserve requirements to more branches of Agricultural Bank of China Ltd.
Samsung Electronics Co., Asia’s No.1 consumer- electronics maker that counts China as its biggest market, gained 1.3 percent in Seoul. Honda Motor Co., Japan’s second- largest carmaker, added 1.7 percent in Tokyo.