Asian stocks rebounded on Friday after China and Europe from encouraging economic data raised hopes the global economic recovery is underway.
HSBC survey released Thursday showed that China's manufacturing industry in August, the latest evidence that the world's second largest economy may exceed its recent weakness to expand. The preliminary HSBC purchasing managers' index rose from 47.7 in July to 50.1 - crossing the critical 50 threshold, indicating that the expansion of economic activity.
"This should be assured that even the most pessimistic now, China has avoided a hard landing," Capital Economics (Capital Economics) Qinhuai King wrote in an e-mail comment.
Japan's Nikkei 225 index rose 2.8 percent, to 13,738.82. Australia's S & P / ASX 200 index rose 1 percent, to 5,128.70. South Korea's Kospi rose 1.4 percent to 1,874.39 points. Hong Kong's Hang Seng Index rose 0.6 percent to 22,013.31 points.
Sanle bighorn, Macquarie Funds Group in Hong Kong, a portfolio manager said that these data support the argument that the world's second largest economy should grow 7.5 percent this year to meet Beijing's official target.
Especially for China's fundamentals remain sound, "he said."
Other good economic news from Europe, where manufacturing and services 17 countries using the euro climbed to June 2011, the highest level since.
Eurozone purchasing managers' index, an important indicator of the growth in manufacturing and services, rose to 51.7 points in August from July's 50.4, according to the financial information firm Markit.
Japanese export stocks rose, the yen fell against the dollar. Weaker yen reduces the cost of goods, while the added value of profits repatriated abroad. Yamaha Motor Corp. surged 5.3%. Toshiba surged 5.5%.
On Thursday in New York, the Dow Jones Industrial Average index ended a six-game losing streak, and for most of the afternoon, in the suspension of trading on NASDAQ technical failure. The Dow rose 0.4 percent, to 14,963.74 points. Standard & Poor's 500 index rose 0.9 percent to 1,656.96 points. The Nasdaq Composite Index climbed 1.1% to 3,638.71 points.
In electronic trading on the New York Mercantile Exchange, benchmark crude for October delivery rose 1 cents to $ 105.04 a barrel. The contract rose $ 1.18 to settle at $ 105.03 a barrel on the New York Mercantile Exchange last Thursday.
In currencies, the euro fell to $ 1.3338 from $ 1.3365 late Thursday. Dollar rose to 98.72 yen from 98.98 yen.
 



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