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China stocks rally on stimulus hopes, Aussie dollar hit by weak GDP data

Updated : March 06, 2019 10:53 AM IST

The Shanghai Composite Index was up 1 percent, hovering near a nine-month high, as China's state planner said the government will boost domestic consumption further this year.
Hong Kong's Hang Seng added 0.2 percent and Australian stocks advanced 0.7 percent as mining stocks climbed on the prospect of increased Chinese stimulus.
Japan's Nikkei lost 0.7 percent. MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.1 percent.

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