Financials Lead Asia Stocks to Biggest Weekly Gain in Two Months
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Asian stocks rose to a six-month high, with the regional index on course for its best weekly advance in two months, as financial shares led gains.
Ping An Insurance (Group) Co., China’s second-biggest insurer, rose to the highest in more than four years in Hong Kong after saying profit jumped 40 percent last year. Nippon Yusen K.K. rose 1.1 percent as gains at Japanese shipping companies pushed the Topix index to its longest weekly winning streak in two years.