Asia Stocks Post Worst Week Since September Before Chinese Data

  • Chinese shares retreat as billionaire reported missing
  • Japanese shares rise, paring weekly 1.6% slide on Topix index

Asian stocks had their biggest weekly drop since September as investors awaited data on Chinese retail sales and industrial production. Chinese shares slid after a report billionaire Guo Guangchang was missing added to concerns that slowing economic growth, a weakening yuan and an anti-corruption campaign is clouding the outlook for corporate profits.

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