TOKYO – Asian shares were mixed after some benchmarks lost earlier gains Tuesday, following a rally in U.S.
stocks that mostly was spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak.
Japan's benchmark Nikkei 225 rose in morning trading but reversed course to dip nearly 0.9%, finishing at 18,917.01. Australia's S&P/ASX 200 also fell back, losing 2.0% to 5,076.80, while South Korea's Kospi picked up 2.0% to 1,751.84.
Hong Kong's Hang Seng stood at 23,412.47, up 1.0% and the Shanghai Composite inched up 0.1% to 2,750.88. India's Sensex jumped 3.4% to 29,412.21.