Chinese stocks rose, sending the Shanghai Composite Index to its biggest advance in seven weeks, on speculation the government will take steps to bolster equities. Financial and commodity companies led gains.
China’s stocks rallied the most in three months, led by financial and commodity companies, on speculation the government will take measures to support economic growth after an unexpected drop in exports.
Chinese equities rose, with a benchmark gauge erasing losses this year, amid expectations for a recovery in the world’s second-largest economy. Japanese shares and rubber gained after the yen touched a 20-month low.