asian stock market Japan's Nikkei 225 rose 29-8-2011 ; In Asia, Japan's Nikkei 225 rose 0.6 percent to close at 8,851.35 amid news that the country's ruling party elected Finance Minister Yoshihiko Noda its new chief, paving the way for him to be the next prime minister. Australia's S&P/ASX 200 gained 1.5 percent to 4,263.30 and Hong Kong's Hang Seng rose 1.4 percent to 19,865.11.
South Korea's Kopsi index jumped 2.8 percent to 1,829.50.
Mainland Chinese shares lost ground, with the benchmark Shanghai Composite Index falling 1.4 percent to 2,576.41. The Shenzhen Composite Index slipped 0.9 percent, to 1,159.52.
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