Asian stocks rally on enlarging hopes about monetary easing

Asian stock markets extended gains on Tuesday on investor hopes Beijing will intervene to support economic growth. Shanghai Composite Index rallied 2.61%, Hong Kong's Hang Seng Index added 0.9% and Japan's Nikkei Stock Average climbed 0.4%. Australia's S&P/ASX 200 index gained 1.1% and South Korea's Kospi increased 0.4%.