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Asia markets rise, Shanghai up 4.9% (TM, SNP, LFC)

The Nikkei moved up 1.7% to 13,820. KDDI was up 2.6% to 639000 yen. Toyota (NYSE: TM) was up 2.5% to 5240.

The Hang Seng was up 2.1% to 23,129. China Life (NYSE: LFC) was up 4.6% to 27.55 yuan. China Petroleum (NYSE: SNP) was up 5.9% to 6.87.

The Shanghai Composite was up 4.9% to 3,580.

Data from Reuters

Douglas A. McIntyre is an editor at 247wallst.com.

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S&P 500+5.221,257.76

Last updated: July 26, 2008: 08:42 PM

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