Shares in Ping An Insurance (Group) Co. climbed after TPG Capital’s Asian unit sold the remainder of its stake in China’s second-biggest insurer.

Indonesia ordered banks to set aside more cash as reserves after inflation accelerated to a 16-month high in the world’s fourth most populous nation.

Hong Kong stocks rose, led by developers, as Sino Land Co. reported better-than-expected earnings and after home sales in the city jumped to the highest in almost three years.