The Shanghai Composite gained 1.6% to 2,328.71, and Hong Kong’s Hang Seng Index HK:HSI was up 0.5%. Other indexes were similarly positive, but Japan's Nikkei Stock Average JP:100000018 was slightly (See chart from Google). Property stocks are among those trending upward, according to the reports.
Meanwhile, the pre-open for India's NIFTY shows an upward trend. Businessweek this morning speaks of very positive investor confidence in India, and of gains even despite a sluggish world economic atmosphere. Emerging funds there will likely see renewed and keen interest this week. Reuters suggests energy stocks and telecoms as some stocks to focus on.
We will bring another report later in the day as markets open.