Stocks in the region inched to fresh seven-week highs yesterday, with Shanghai developers leading the way on optimism that Beijing will not take further action to cool the property market.
After Monday's 1.9 per cent jump, gains for the FTSE Asia-Pacific index were more measured amid a subdued tone for trading, advancing just 0.1 per cent to 224.24, the index's highest level since January 21.
The Shanghai Composite rose 0.5 per cent to 3,069.14 to record the biggest advance yesterday among the leading regional indices.
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