TOKYO – Asian shares were mixed Monday as hopes for more U.S. economic aid were countered by fears over spreading damage from the pandemic.
Traders continued to be cheered by prospects that the incoming administration of President-elect Joe Biden will pump more aid into the U.S.
economy, a move that will help Asia and other export-driven nations. South Korea's Kospi gained 0.2% to 3,157.72. Australia's S&P/ASX 200 lost 0.9% to 6,697.20.
Hong Kong's Hang Seng edged up 0.2% to 27,943.86, while the Shanghai Composite fell 0.9% to 3,539.88. Japanese markets were closed for a national holiday.