Asian Stocks Rise On Solid US, China Data

Asian stock markets advanced Friday as sentiment was buoyed following the release of improved economic data in both the U.S. and China. Japanese benchmark Nikkei climbed 2.86 percent or 303.66 points to 10,913.30, Hong Kong's Hang Seng surged 1.09 percent or 254.29 points to 23,594.05 and Chinese Shanghai Composite surged 1.41 percent or 32.16 points to 2,317.07, while South Korea’s KOSPI Composite gained 0.69 percent and Indian benchmark BSE Sensex gained 0.52 percent.

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