Asian shares mixed on US-China tensions, Wall Street gains

Tokyo

Asian shares were mixed on Monday as investors eyeballed surging coronavirus cases in the region, said an AP report. U.S. Secretary of State Mike Pompeo’s weekend comments that President Donald Trump plans to take action on a what he sees as a broad array of national security risks presented by software connected to the Chinese Communist Party added to market jitters.

Pompeo’s remarks followed reports that Microsoft is in advanced talks to buy the U.S. operations of TikTok, which is owned by the Chinese company ByteDance and is seen as a source of national security and censorship concerns by the Trump administration.