Japan's Nikkei 225 jumped 1.1%, while Hong Kong's Hang Seng Index rose 0.7%. South Korea's Kospi moved up 0.3%. The Hang Seng had lost more than 5% in the past two trading sessions. The Nikkei and Kospi each closed Thursday 1.7% lower.The coronavirus, which originated in central China, has now spread around the world. More than 200 people are dead and more than 9,600 people have been infected in mainland China.
Non-manufacturing PMI, a key indicator for the services sector, rose to 54.1, which was above December's 53.5.A reading above 50 indicates growth from the previous month."The PMIs are usually valued as being among the first pieces of data released for an economy each month. But China's January PMI surveys have been overtaken by subsequent events," wrote Martin Lynge Rasmussen, China economist for Capital Economics, in a research note.
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