Shares in China saw modest gains as onshore traders returned from the Lunar New Year holidays, contributing to a mixed start for Asian shares. The mood in the market was cautious, with fading chances for early rate cuts globally affecting investor sentiment. Chinese stocks climbed upon reopening after the break, with traders weighing the impact of buoyant travel. Meanwhile, Hong Kong stocks posted positive returns in recent years, according to finance chief Paul Chan. Overall, Asian shares struggled to make significant progress as concerns about global economic factors persisted.

Summary:

Chinese stocks saw modest gains as onshore traders returned from Lunar New Year holidays.

Asian shares had a mixed start as fading chances for early rate cuts globally dampened the mood.

Hong Kong stocks have posted positive returns in past years, according to finance chief Paul Chan.

Traders weighed the impact of buoyant travel as Chinese stocks climbed upon reopening.

Overall, Asian shares struggled to gain ground amid concerns about global economic factors.

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Sources: Associated Press, Reuters, Bloomberg