TOKYO – Asian shares were mixed on Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the global economy.Japan's benchmark Nikkei 225 was up less than 0.1% at 26,657.18.
Other markets quickly lost early gains, with South Korea's Kospi down 0.3% at 2,624.86. Australia's S&P/ASX 200 slipped nearly 0.8% to 6,550.80.
Hong Kong's Hang Seng edged down 0.2% to 26,848.91, while the Shanghai Composite rose 1.3% to 3,451.31. Stephen Innes, chief global market strategist at Axi, noted that despite ups and downs investors are looking toward the arrival of vaccines for a gradual return to business as usual. “Vaccines offer the promise that the major disruptions of the.