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Asia Pacific stocks close
Asian stocks rose, with the regional benchmark index erasing losses, as companies from Hitachi Ltd. to LG Household & Health Care Ltd. posted earnings that beat analyst estimates.
Nikkei 225 14,486.41 +60.36 +0.42%
Hang Seng 22,809.53 -190.42 -0.83%
S&P/ASX 200 5,372.9 +16.80 +0.31%
Shanghai Composite 2,164.32 -18.78 -0.86%
Hitachi, a maker of electronic equipment and machinery, jumped 8.4 percent in Tokyo.
LG Household climbed 6.2 percent in Seoul.
Nine Dragons Paper Holdings Ltd. advanced 8 percent in Hong Kong after Deutsche Bank AG raised its equity rating on the maker of packaging materials.
Agricultural Bank of China Ltd. fell 1.7 percent, pacing declines among Chinese lenders, as the country’s money-market rates climbed.
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