Skip to content
Subscriber Only

Asian Stocks Climb Third Day After China Trade Report

Asian stocks advanced for a third day, with the regional benchmark index rising to a five-year high, as China’s exports topped estimates and companies including HSBC Holdings Plc posted earnings that cheered investors.

Komatsu Ltd., the world’s second-biggest maker of construction and mining equipment, advanced 4.4 percent in Tokyo to lead industrial companies higher. HSBC gained 1.7 percent in Hong Kong after the lender beat analysts’ estimates for profit. Toshiba Corp., the No. 2 maker of flash memory, slumped 5 percent in Tokyo before it reported missing its earnings forecast after close of market.