Asian stocks rise with global central bank meetings in focus

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Shares advanced in Shanghai, Tokyo and Hong Kong, which are the bulk of Asia's market capitalization. Seoul and Sydney declined.

BEIJING — Asian stock markets rose Tuesday as investors watched for decisions from central banks in Europe and elsewhere about when they might start to wind down economic stimulus.

The Shanghai Composite Index SHCOMP, +1.51% rose 0.8% to 3,650.23 and the Nikkei 225 NIK, +0.86% in Tokyo gained 0.8% to 29,920.30. The Hang Seng HSI, +0.73% in Hong Kong advanced 0.6% to 26,333.02. China tech stocks were notably stronger on Tuesday, while data showed exports beating expectations. Also Tuesday, Japan’s government reported wages rose 1% over a year earlier in July, accelerating from the previous month’s 0.1%.

 

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