Asian shares mostly higher as China-US trade talks drag on

Asian shares mostly higher as China-US trade talks drag on

BANGKOK (AP) — Shares were mostly higher in Asia on Monday as investors awaited further developments in trade talks between the U.S. and China.

The Shanghai Composite jumped 1.9 percent to 3,026.99 and the Hang Seng in Hong Kong gained 0.9 percent to 28,494.76. Japan’s Nikkei 225 index added 0.5 percent to 21,125.09 and the S&P ASX 200 in Australia slipped 0.4 percent to 6,180.20.

Weaker than expected Chinese loan and money supply data raised expectations of further action to spur the slowing economy.

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