Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images
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Asia-Pacific markets traded mixed Wednesday as investors parsed trade data that just came out of Japan.
Japan’s exports in November grew 6.1% year on year, data from the country’s finance ministry released Wednesday showed. The growth sharply beat expectations of an average 4.8% rise estimated by economists polled by Reuters, and was higher than the 3.6% seen in the previous month.
Japan’s Nikkei 225 was flat, while the Topix declined 0.25%. South Korea’s Kospi added 0.72%, and the small-cap Kosdaq climbed 0.19%.
Japanese financial institution SBI Shinsei Bank rose over 12% after a 322 billion yen ($2.1 billion) IPO. The shares were priced at 1,450 yen each.
Australia’s S&P/ASX 200 declined 0.25%.
Hong Kong’s Hang Seng index was marginally up, while the CSI 300 on mainland China was slightly lower.
Shares of crypto exchange HashKey opened about 3% up as it debuted on the Hong Kong stock exchange, after raising about $207 million in its initial public offering.
