Hong Kong futures were up 1.8% and Australian shares were also set to open higher. Asian shares were set to rise on Tuesday after data from an early-stage trial for a coronavirus vaccine lifted hopes for a near-term economic recovery, sending global equity markets and oil prices surging.
Hong Kong futures were up 1.8% and Australian shares were also set to open higher. Nikkei futures were trading above the Nikkei 225 index's <.N225> previous close, pointing to an opening gain of about 2%.
Data from Moderna Inc's COVID-19 vaccine, the first to be tested in the United States, showed that it produced protective antibodies in a small group of healthy volunteers, the company said on Monday.