Asian stocks rise on positive data from US and China

Source: Bloomberg
Asian shares gained for the first time in 3 days as reports in the U.S. and China overshot economists' expectations and the Japanese Yen traded close to the lowest level in 30 months. The MSCI Asia Pacific Index advanced 1.1% to 134.64. China's Shanghai Composite Index rose 1.1% and Hong Kong's Hang Seng Index added 0.9%. 
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