Asian Stocks Jump as Japan's Topix Rallies the Most Since 2008

Updated on
  • Chinese shares sink as markets reopen after New Year's holiday
  • Topix surges 8 percent on speculation selloff went too far

Asian stocks headed for the biggest advance in almost seven years as Japanese shares rallied the most since the financial crisis amid increasing speculation that equities were oversold. Chinese shares fell as markets reopened after the New Year’s holiday.

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