Major Asia-Pacific stock markets traded higher on Monday amid fresh economic news and updates on the coronavirus situation in the region. Investors are following New Zealand, where inflation surged to 7.3%, reaching a 32-year high, while S. Korea's government is pushing a tax reform to tackle inflation.
Besides, Hong Kong Government Expert Advisor and Scientific Committee on Vaccine-Preventable Diseases Chief Liu Yulong published that children under three will be advised to get a vaccine against COVID-19.
Australia's S&P/ASX 200 rose 0.86% at 7:06 am CET, while South Korea's Kospi advanced by 1.77% a minute later. Japan's Nikkei 225 is closed today for a holiday.
In mainland China, the Shanghai Composite gained 1.40% at 7:07 am CET. At the same time, the Shenzhen Composite improved by 1.48%. On the other hand, Hong Kong's Hang Seng rose by 2.26% a minute later.
The dollar went down by 0.15% compared to the Japanese yen at 7:09 am CET, trading for ¥138.3050.
