Stocks:  (CN)(CHL)(CHU)(PCW)(HBC)

Markets in Asia rose sharply.

The Nikkei was up 1.3% to 17,057.

The Hang Send rose 1.2% to 19,613. Cathay Pacific rose 5.5% to 20.3. China Mobile moved up 1.9% to 65.95. China Netcom rose 2.9% to 19. China Unicom rose 5.9% to 10.08. HSBC rose .3% to 139.4. PCCW dropped .2% to 4.75.

The KOSPI rose 1.7% to 1,388.

The Straits Times rose 1.3% to 3,009.

The Shanghai Composite fell 3.7% to 2,668.

Data from Reuters.

Douglas A. McIntyre