Chinese shares rally to lead rebound in Asian markets

03/4/2009 | MarketWatch

Chinese stocks in Hong Kong and Shanghai, as well as shares in Japan, South Korea and Singapore, advanced today on anticipation about further stimulus programs. The Shanghai Composite soared 6.1%, Hong Kong's Hang Seng China Enterprises surged 5% and the benchmark Hang Seng Index gained 2.5%. Tokyo's Nikkei 225 climbed 0.9%, South Korea's Kospi jumped 3.3% and Taiwan's Taiex rose 2.4%. Australia's S&P/ASX 200 added 1.6%, New Zealand's NZX-50 was up 2.1% and Singapore's Straits Times edged up 0.8%.

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