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Asian shares slip on profit-taking, hopes grow for recovery

South Korea Japan Hong Kong Australia city Tokyo city Shanghai vaccine economy
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TOKYO – Asian shares were mostly lower Wednesday as investors sold to lock in profits from the recent rally driven by hopes economies will gradually return to a pre-pandemic normal.

Japan's benchmark Nikkei 225 dipped 0.6% to finish at 30,292.19, even as the vaccination drive against COVID-19 began, starting with health care workers.

South Korea's Kospi dropped 0.9% to 3,134.97. Australia's S&P/ASX 200 slipped 0.5% to 6,885.20. Hong Kong's Hang Seng gained 1.3% to 31,146.10.

Trading was closed in Shanghai for the Lunar New Year holiday. Hopes are high for a recovery for Japan, coming in the latter part of this year, especially if the Tokyo Olympics are held as scheduled in July, although the growth pace will slow next year and the year

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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