China’s stocks rose to the highest level since October, led by steel, material and drug companies, as a drop in money-market rates eased concern of a cash squeeze before the resumption of initial public offerings next month.
Hong Kong stocks climbed, with the city’s benchmark index extending a 2 1/2-year high, after gauges of China’s manufacturing growth beat estimates. Gains were limited as shares listed on the mainland tumbled.
China’s stocks rose, sending the benchmark index to a one-month high, as Anhui Conch Cement Co. led a rally for material companies and the government signaled measures to reduce coal supply that may boost industry prices.
Chinese stocks slumped, dragging the benchmark gauge to the lowest level in seven weeks, as small companies dropped and the central bank’s first cash injection in two weeks failed to reduce money-market rates.
Emerging-market stocks fell for a fourth day after Chinese industrial companies posted slower profit growth and Samsung Electronics Co. dragged technology shares lower. Malaysia’s ringgit weakened to a three-year low.
The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.