Asian shares rise except Japan as markets eye China protests
Asian shares are trading mostly higher as jitters over protests in China about its stringent anti-COVID policies fade
By YURI KAGEYAMA
Published - Nov 29, 2022, 12:48 AM ET
Last Updated - Jun 23, 2023, 10:32 AM EDT
TOKYO (AP) — Asian shares were mostly higher Tuesday as jitters over protests in China set off by growing public anger over COVID-19 restrictions subsided.
U.S. futures edged higher. Oil prices rose more than $1 per barrel.
Chinese shares rebounded after they were hit by sharp losses on Monday following protests over the weekend in various Chinese cities. Hong Kong’s Hang Seng jumped 4% to 17,981.31, while the Shanghai Composite added 2.3% to 3,148.17.
Japan's Nikkei 225 lost 0.5% to 28,016.58. Australia's S&P/ASX 200 gained 0.3% to 7,249.80. South Korea's Kospi added 0.8% to 2,427.13.
