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

Asian shares mixed as virus worries counter recovery hopes

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TOKYO – Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic.

Japan's benchmark Nikkei 225 rose 0.8% to finish at 20,595.15 on expectations that a state of emergency still in effect for Tokyo and seven other cities and prefectures may soon end.

South Korea's Kospi gained 0.5% to 1,989.57. and Australia's S&P/ASX 200 rose 0.2% to 5,573.00. But Hong Kong's Hang Seng slipped nearly 0.1% to 24,366.81.

The Shanghai Composite fell 0.7% to 2,878.36. Japan's state of emergency, which asked people to stay home but was not a lockdown, was recently lifted in the rest of the nation, with social distancing restrictions.

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