Asian shares up on China efforts despite virus worries
TOKYO (AP) — Asian shares rose Wednesday on optimism that China’s latest actions may help curtail some of the expected economic damage from the virus outbreak.
Japan’s benchmark Nikkei 225 gained 1.1% to 23,330.11 in morning trading. Australia’s S&P/ASX 200 added 0.3% to 6,967.20. South Korea’s Kospi was up 0.5% at 2,169.29. Hong Kong’s Hang Seng edged up nearly 0.9% to 26,910.45, while the Shanghai Composite jumped nearly 2.0% to 2,836.68.
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