Asia shares mixed while oil falls on China COVID outlook

SYDNEY, Nov 15 (Reuters) – Asian share markets were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of China’s COVID policy adjustments and a rescue package for the country’s struggling property sector. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was up 0.1%, following mild losses for U.S. overnight. Australian shares (.AXJO) lost 0.28%, while Japan’s Nikkei stock index (.N225) was off 0.16%. In Hong Kong, the Hang Seng Index (.HSI) was flat while China’s CSI300 Index (.CSI300) was down 0.3%. Some Chinese cities have begun cutting routine community testing, days after…