Asian shares mostly lower as virus, China-US tensions weigh

Asian shares are mostly lower as surging virus counts and China-U.S. tensions weigh on sentiment. Hong Kong’s Hang Seng dropped after authorities arrested dozens of pro-democracy figures, including lawmakers. Shares also fell in Tokyo, Shanghai and Sydney. U.S. stocks closed higher Tuesday, regaining their footing a day after starting out 2021 with their worst loss in months amid the worsening pandemic and potentially market-moving Senate elections. The S&P 500 gained 0.7%, and the maj