Asia markets: Coronavirus, Hong Kong and Singapore travel stocks

Hong Kong’s Hang Seng index traded fractionally higher. Mainland Chinese stocks, however, were mixed: The Shanghai composite rose about 0.2% while the Shenzhen component shed 0.197%. Elsewhere, the S&P/ASX 200 in Australia rose about 0.5%. MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.62% higher. Meanwhile, shares of airlines in Hong Kong and Singapore slipped in Monday morning trade. In Hong Kong, Cathay Pacific plunged 4.35% while China Eastern Airlines declined 2.01%. Over in Singapore, shares of Singapore Airlines dipped 0.73%. The moves came after an anticipated air travel bubble between the two cities was delayed . Hong Kong…