Asia stocks rose after positive date on coronavirus treatment

Asia stocks rose on Thursday following positive developments overnight on a potential new treatment for Covid-19.

Mainland Chinese stocks rose on the day, with the Shanghai composite up 1.33% to about 2,860.08 while the Shenzhen composite added 1.885% to around 1,763.36.

Japan stocks saw robust gains as they returned to trade following a Wednesday holiday. The Nikkei 225 jumped 2.14 percent to close at 20,193.69 as shares of robot maker Fanuc soared 5.63 percent . The Topix index also rose 1.03 percent to end its trading day at 1,464.03.