Asian shares mostly lower, China gains on GDP rebound

Shares fell Monday across most of Asia following a retreat on Wall Street, but benchmarks in Hong Kong and Shanghai rose after data showed the Chinese economy grew a solid 2.3% in 2020. The stronger than expected performance for the world's second-largest economy helped counter growing wariness among investors over deepening economic devastation from the pandemic. Stocks seem to have run out of steam since the S&P 500 set a record high a week ago amid optimism that COVID-19 vaccines and more stimulus from Washington will bring an economic recovery. China was the first country to suffer outbreaks of the new coronavirus and the first major economy...