Asian stocks rose, with a regional benchmark index headed for the highest closing level in six weeks, amid optimism central banks will maintain loose monetary policies to boost economic growth.

Nikkei 225 13,884.13 -41.95 -0.30%

Hang Seng 22,547.96 +0.25 0.00%

S&P/ASX 200 5,125.8 +28.29 +0.56%

Shanghai Composite 2,177.91 -21.40 -0.97%

ZTE Corp. gained 3.6 percent in Hong Kong as China's second-biggest maker of mobile-phone equipment returned to profit in the first three months of this year.

Westpac Banking Corp. jumped 1.7 percent, leading Australian banks higher, as analysts forecast the country's second-largest lender will announce increased profit this week.

OCI Co. lost 2.1 percent, heading for its lowest closing level in more than five years, after clients canceled 1.46 trillion won ($1.3 billion) of polysilicon orders with the South Korean chemical manufacturer.