Asian stocks gained, with the regional benchmark index heading for its highest close in seven months, after China’s official manufacturing index expanded last month, underscoring optimism the world’s second-largest economy is recovering after a seven-quarter slowdown.
Komatsu Ltd., a Japanese maker of construction equipment that gets about 14 per cent of sales from China, rose 1 per cent. Hyundai Motor Co., South Korea’s biggest carmaker, climbed 1.8 per cent after saying US vehicle sales increased last month.
via Business feed http://www.scmp.com/business/money/markets-investing/article/1096340/asian-stocks-advance-seven-month-high-china
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