Asian stocks increase on China's stocks rally, Japan's export data

Source: Bloomberg
© Scanpix/AFP
Asian equities gained as Chinese stocks boosted their rally, while Japanese export data that came in better than expected and weaker Yen supported Japan's shares. The overseas shipments in Japan rose 8% annually, in comparison with the forecast of 6%. The Chinese CSI 300 Index rose above 5,000, the Topix increased 0.7% and the Shanghai Composite Index jumped by 3.4%. 
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