China Stocks Lead Asia Higher

Chinese stocks led Asia higher on Tuesday, as speculation grows that Beijing could take stimulus measures to boost a slowing economy.

The Shanghai Composite rallied 1.6 percent, crossing the 2,000 mark for a second session while the Hang Seng Index rallied 2 percent.

Elsewhere, South Korea’s Kospi hit a five-week high, Japan’s benchmark Nikkei tested the 14,800 mark and Australian equities moved off a two-month high.

CNBC

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