Asia Stocks Mixed Ahead of US, China Data; Hong Kong Lifts Property Curbs; Disney and Reliance Merge India Units
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Asia-Pacific stocks traded mixed Thursday as investors awaited key US and China economic data including US inflation figures.
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Hong Kong's Hang Seng index was flat while China's CSI 300 index jumped 1% ahead of China's manufacturing data.
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Hong Kong announced it would scrap property market curbs to boost real estate, forecasting 2024 growth of 2.5-3.5%.
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Walt Disney and India's Reliance to merge Indian businesses in $8.5 billion deal.
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Japan’s Nikkei 225 closed 0.1% lower at 39,166 while Australia’s S&P/ASX 200 rose 0.5% to 7,698.