Asian shares rebounded Friday, capping off a tough week of steep selling.
Tokyo’s Nikkei 225 put in the strongest performance of the Asian indices. It vaulted 5.9 percent to close the day at 16,958. Fast Retailing, a major component of the index, gained 8.1 percent to end at 37,420 yen. Shiseido rose 5.5 percent to finish the session at 2,247 yen.
Hong Kong’s Hang Seng rose 2.9 percent to end at 19,081. Li & Fung rose 2.6 percent to end at 4.41 Hong Kong dollars. Chow Tai Fook advanced 2.6 percent to finish at 4.35 Hong Kong dollars.
Shanghai’s SSE rose 1.3 percent to finish at 2,917.