Asian stocks rose for a third day amid optimism policy makers from China to the U.S. will do more to support the world’s largest economies amid a slowdown that prompted the International Monetary Fund to cut its forecast for global growth.

Nikkei 225 8,755 +30.88 +0.35%

Hang Seng 19,460.48 +339.14 +1.77%

S&P/ASX 200 4,140.8 +35.70 +0.87%

Shanghai Composite 2,161.19 +13.23 +0.62%

China Railway Group Ltd. rose 4.4 percent in Hong Kong after the government said it will boost spending on rail lines.

Fraser & Neave Ltd. jumped 4.4 percent in Singapore after Oversea-Chinese Banking Corp. and its insurance unit received an offer for their stake in the beverage maker.

JX Holdings Inc sank 6 percent in Tokyo after saying it will shut of one of its refineries after finding falsified safety reports.