Asia-Pacific stocks mixed

Stocks in Asia-Pacific were mixed in Wednesday trade as investors watch for developments on the coronavirus front.

In Japan, the Nikkei 225 advanced 1.04% while the Topix index rose 0.29%.

Mainland Chinese stocks were lower by the afternoon, with the Shanghai composite down slightly while the Shenzhen component shed 0.103%. Hong Kong’s Hang Seng index sat below the flatline.

Hong Kong-listed shares of Lenovo jumped about 13% after the Chinese PC maker said it plans to list stocks on Shanghai’s Science and Technology Innovation Board.

South Korea’s Kospi gained 0.72%. Shares in Australia nudged higher, as the S&P/ASX 200 rose 0.14%.

MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.61%.

Overnight stateside, the Dow Jones Industrial Average advanced 60 points to close at 31,068.69. The Nasdaq Composite ended its trading day day up 0.3% at 13,072.43. The S&P 500 rose fractionally on the day to 3,801.19.

Avadoot Shah

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