Major stocks in Asia closed mixed on Thursday on the back of official data from China showing that the Chinese economy contracted for the second month in a row in January.
The mainland Chinese markets ended their trading day mixed. The Shanghai composite gained around 0.35 percent to 2,584.57 and the Shenzhen component rose 0.117 percent to 7,479.22. The Shenzhen composite, however, slipped 0.698 percent to 1,274.74.
Meanwhile, Hong Kong's Hang Seng index gained about 1 percent, in its final hour of trading.
The market movements came after China's official data showed that manufacturing activity in January contracted for the second consecutive month.
The manufacturing Purchasing Managers' Index (PMI) for January was 49.5, according to the Chinese National Bureau of Statistics — higher than the 49.4 reported in the previous month.
Elsewhere in Asia, Japan's Nikkei 225 rose 1.06 percent to close at 20,773.49 while the Topix saw gains of 1.08 percent to finish its trading day at 1,567.49, as shares of Japanese conglomerate Softbank Group jumped 4.77 percent.
South Korea's Kospi, however, saw slight losses to close at 2,204.85. Shares of industry heavyweight Samsung Electronics slipped 0.54 percent after the company warned of weaker earnings in 2019 following a 29 percent plunge in its fourth quarter operating profit.
In Australia, the ASX 200 slipped 0.37 percent to close at 5,864.70. Shares of oil companies advanced as the energy subindex rose 1.7 percent following Wednesday's gain in oil prices. Santos was higher by 2.69 percent, Woodside Petroleum rose 0.82 percent. Beach Energy soared 5.13 percent after the company raised its production guidance for fiscal year 2019.