Chinese Shares Rally while Gold and Bitcoin Hit New Highs Though Auto and Commodity Stocks Face Headwinds

• Chinese shares rose the most in a month on signs of economic recovery

• Gold jumped to a record high while Treasury yields and the dollar index edged lower

• Japanese auto stocks dropped on weak industry confidence data

• Iron ore fell to 10-month low on ongoing China property crisis

• Bitcoin fell after earlier trading above $71,000, up 70% this year