Asia stocks rise on S&P high, China stimulus hopes

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BEIJING (AP) — Asian stock markets rose Monday, lifted by another record high on Wall Street and expectations of stimulus in China after its manufacturing growth slowed. Investors looked ahead to this week’s U.S. employment figures and a meeting of Europe’s central bank for signs of stimulus steps.

KEEPING SCORE: China’s Shanghai Composite Index rose 0.5 percent to 2,229.97 and Tokyo’s Nikkei 225 added 0.2 percent to 15,460.50. Hong Kong’s Hang Seng gained 0.5 percent to 24,875.52. Sydney, Taipei and Jakarta also rose. Seoul’s Kospi was down 0.1 percent at 2,066.70.

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