Asia stocks up despite global growth warnings

Asian stocks markets shrugged off yet another dismal prediction about global economic growth to mostly post solid gains Wednesday.

Hong Kong’s Hang Seng jumped 1.2 percent to 21,076.82 and South Korea’s Kospi rose 0.4 percent to 1,990.09. Mainland China’s Shanghai Composite Index climbed 1.6 percent to 2,109.39 and the smaller Shenzhen Composite Index added 1.8 percent to 864.44.

Benchmarks in Singapore, Taiwan and Australia also rose. But Japan’s Nikkei 225 index fell 0.4 percent to 8,831.31.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1056855/asia-stocks-despite-global-growth-warnings