Emerging-market stocks advanced, snapping a two-day decline, after better-than-estimated U.S. housing data bolstered confidence in the global economy. Tencent Holdings Ltd. led technology companies to a record high.
Hong Kong stocks dropped, with the benchmark index capping its biggest drop in two weeks, after a Chinese manufacturing gauge slumped. China Petroleum & Chemical Corp. jumped on a plan to seek private investors.
Following is a table of the world’s 10 biggest producers of refined copper in 2013, according to metals, mining and fertilizer company CRU. Figures are in thousands of metric tons and are attributed to the proportion of a stake in an asset held by a company.
China’s stocks rose to the highest level in a month after the government extended subsidies for automakers and analysts said consumer spending during the lunar New Year holidays will support economic growth.
China’s stocks rallied, spurring the biggest gain for the benchmark index in two months, after the nation’s money-market rates extended declines and Anhui Yingliu Electromechanical Co. soared in its Shanghai debut.