Asian Shares Climb, HSBC Snags Pre-Earnings Report Gains

In Hong Kong HSBC shares rose 1.5% before the company’s announcement early today in London that it had missed earnings estimates. The gain helped push the Hang Seng Index up 1.4.% In China the Shanghai Composite advanced 0.9% a…

Chinese Building Boom and U.S. Optimism Boost Asian Shares

A building boom — and the constrained supply of materials due to mandated energy cuts — sent Chinese cement, metal and building-equipment stocks up Thursday. Meanwhile, Hong Kong and Japanese exporters benefited from improvin…