SYDNEY - Stocks were mixed in Asian trading on Thursday as investors mulled over the implications of a surge in the number of coronavirus cases in Hubei, after it deployed a revised methodology.
Investor sentiment has improved in recent sessions amid speculation the impact from the coronavirus outbreak on global growth would be short-lived. A gauge of global equities hit a record high yesterday. By contrast, Andrew Collier, a managing director at Orient Capital Research in Hong Kong, said"we knew that there was a lot of bad testing going on, and that there was a lot of underreporting. So they're actually starting to report actual figures, and that's encouraging."
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