Chinese shares surge as Japanese market loses ground

05/16/2013 | CNBC

Lower business investment sent Japanese stocks down Thursday, but shares in China advanced amid signs of regulatory change. The Nikkei fell 0.39% to 15,037.24 while the Shanghai Composite surged 1.21% to 2,251.81 and the Hang Seng added 0.17% to 23,082.68. Elsewhere in the region, the Kospi rose 0.79% to 1,986.81, and the S&P/ASX lost 0.50% to 5,165.70.

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