Market

Asian Markets React to Latest Chinese Economic Data with Mixed Results

Asian Markets Show Mixed Reactions to Chinese Economic Indicators

Following the release of recent economic data from China, including GDP growth, retail sales, and industrial production figures, major stock indexes in the Asia-Pacific region experienced mixed trading on Friday. Investors are closely analyzing these indicators to gauge the health of the Chinese economy and its impact on global markets.

Stock Index Movements Across Asia

Japan's Nikkei 225 saw a decline of 0.92% at 3:26 am CET, while Hong Kong's Hang Seng remained unchanged. South Korea's Kospi also faced a slight decrease of 0.23%. In contrast, mainland China's Shanghai Composite enjoyed a modest increase of 0.21%, and the Shenzhen Composite remained stable. Australia's S&P/ASX 200 showed no significant movement at the same time.

Currency Movements

In currency markets, the dollar experienced a minor decrease of 0.05% against the yen at 3:29 am CET, trading at 155.28500.