Asia Pacific stocks were higher on Monday

Asian stocks were higher on Monday  as the developments of coronavirus pandemic continue to be tracked by investors.

In mainland China, the Shanghai composite gained 0.15 percent to close at about 3,385.64 while the Shenzhen component advanced 1.4 percent to around 13,666.69.

The ChiNext rose 2.251 percent to close at about 3,028.86. The first batch of firms listing on the Nasdaq-style board under its revised IPO system made their debut on Monday and saw staggering gains

Hong Kong’s Hang Seng index was 1.53 percent higher, as of its final hour of trading.

In Japan, both the Nikkei 225 closed 0.28 percent higher at 22,985.51 while the Topix index added 0.19% to end its trading day at 1,607.13.

South Korea’s Kospi added 1.1 percent to close at 2,329.83. The S&P/ASX 200 in Australia finished its trading day 0.3 percent higher at 6,129.60.

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