NEW YORK: Asian stocks rose for a third day, buoyed by advances in Japanese shares and as investors placed fresh bets on Chinese tech companies.
Hong Kong equity benchmarks outperformed in Asia with gains around two per cent, boosted by BYD Co. shares at a record after it unveiled a new charging system for electric cars. Japanese gauges were up more than one per cent. That’s after US stocks climbed for a second day, as industrial and energy shares rallied.
