Asian stocks gain on strong China production data

Asian stocks gained on Monday after China posted stronger-than-expected industrial production data in an uneven recovery for the world’s second-largest economy.

Investors also have their eyes on a Bank of Japan decision on Tuesday, with policymakers expected to finally ditch the bank’s negative interest rate.

Shanghai closed up 1.0 percent and Hong Kong added 0.1 percent after Beijing released industrial production and fixed-asset investment figures that were “surprisingly spritely”, said Harry Murphy Cruise of Moody’s Analytics.

Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

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