Key News Asian equities were mixed overnight as Singapore, Hong Kong, and Mainland China outperformed while India, the Philippines, and Indonesia underperformed. Hong Kong and Mainland China opened lower but went from lower left to upper right/grinding higher all day on strong volumes, and strong breadth/advancers beat decliners handily. Several key catalysts are at play: Chatter that NPC fiscal stimulus could be more significant than anticipated on the low end of between RMB 2 trillion to RMB 6 trillion while the high end of the range of RMB 10 trillion to address local governments’ hidden debts, real estate support, and…