China Stocks Pace Gains in Asia Before MSCI A-Share Decision
- MSCI decision on inclusion in global indexes expected Tuesday
- Japanese exporters bolster Topix as yen weakens against dollar
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Asian shares climbed as Chinese companies advanced in Hong Kong and Shanghai ahead of MSCI Inc.’s decision expected Tuesday on whether to add A-shares to its global indexes, while the weaker yen supported Japanese equities.
The MSCI Asia Pacific Index rose 0.6 percent to 155.18 as of 4:50 p.m. in Hong Kong. The Topix advanced 0.6 percent in Tokyo as Sony Corp. and NEC Corp. gained at least 1.8 percent, while the Hang Seng China Enterprises Index added 1.3 percent. A gauge of technology stocks climbed 1.2 percent as the region’s best-performing group, rebounding from its steepest weekly slide since November 11.