Asian Shares Up Following Good News in China, US

Asian markets finished strong Wednesday, following the release of unexpectedly positive Chinese trade data and a record day on Wall Street.

Hong Kong shares ended nearly nine-tenths of a percent higher, while Tokyo closed up by about three-quarters of a percent. Overall, the MSCI Asia-Pacific stock index was up eight-tenths of a percent, close to a five-year high.

The surge came after China posted better-than-expected export and import growth, prompting cautious optimism about Beijing’s …

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