Asia stocks rise after China PMI lifts stimulus hopes

Mar 24, 2014, 1:24 AM EDT
Pedestrians walk past a share prices board outside a securities brokerage in Tokyo on August 23, 2013.
AFP/Getty Images

Asian stocks were mostly higher on Monday after weak Chinese manufacturing activity raised hopes that Beijing will unveil fresh monetary stimulus to combat slowing growth.
Background:
Nikkei leads Asia stocks higher despite weak China PMI, U.S. losses [CNBC]
Asia stocks rise as copper slips amid China stimulus talk [Bloomberg]

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