Asia-Pacific markets were mixed on Tuesday following key data from both Japan and China.
In Japan, the Nikkei 225 index regained 178.98 points, or 0.6%, to 32,238.89, after the country saw its second quarter gross domestic product beat expectations.
The economy grew 1.5% quarter on quarter and 6% on an annualized basis, compared to expectations of 0.8% and 3.1% respectively, according to economists polled by Reuters.
In Hong Kong, the Hang Seng fell 192.44 points, or 1%, to 18,581.11,
Australian markets forged ahead Tuesday, as investors digested the Reserve Bank of Australia’s minutes for its August monetary policy meeting, where it unexpectedly held its benchmark rates at 4.1%.
CHINA
In China, the CSI 300 slid 9.37 points, or 0.2%, to 3,846.54.
China saw a slew of economic data that disappointed expectations on Tuesday, including its industrial output and retail sales. China’s central bank also enacted a raft of rate cuts.
In other markets
Markets in Korea were shuttered for holiday.
In Taiwan, the Taiex index restocked 61.14 points, or 0.4%, to 16,454.80.
In Singapore, the Straits Times Index let go of 14.96 points, or 0.5%, 3,232.74.
In New Zealand, the NZX 50 skidded 5.68 points, or 0.1%, to 11,820.74.
In Australia, ASX 200 recovered 28.01 points, or 0.4%, to 7,304.96.