China South Korea Japan Hong Kong Australia city Tokyo city Shanghai pandemic economy Coronavirus China South Korea Japan Hong Kong Australia city Tokyo city Shanghai

Asia shares up ahead of China holiday, presidential debate

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TOKYO – Asian shares were mostly higher in muted trading Monday, ahead of the first U.S. presidential debate and a national holiday in China later in the week.

Japan's benchmark Nikkei 225 rose 0.7% to 23,371.70, while South Korea's Kospi added 1.5% to 2,312.96. Australia's S&P/ASX 200 gained nearly 0.2% to 5,973.70.

Hong Kong's Hang Seng rose 0.5% to 23,349.80, while the Shanghai Composite index was little changed at 3,217.87. China is celebrating Mid-Autumn Day Oct.

1, followed by a weeklong holiday through Oct. 8. China's statistical bureau reported Sunday that industrial profits rose 19% in August from a year earlier, as the economy recovered from the pandemic downturn.

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