Major stock markets in Asia closed mixed on Thursday amid geopolitical developments, including European Union leaders and the U.K. agreeing to a "flexible extension" of the Brexit deadline till Oct. 31.
Mainland Chinese stocks declined on the day, with the Shanghai composite declining 1.6 percent to 3,189.96 and the Shenzhen component slipping about 2.65 percent to 10,158.40. The Shenzhen composite also fell 2.187 percent to 1,740.37.
Hong Kong's Hang Seng index shed 0.81 percent in its final hour of trading. Chinese tech giant Tencent's stock rose more than 1 percent, earlier crossing the 400 Hong Kong dollar per share mark for the first time since June 2018.
The moves in China came after the country's consumer inflation in March touched a 5-month high on the back of higher food prices.
"We continue to forecast CPI will be 2.1% in 2019. But we acknowledge upside risks to consumer inflation because pork inflation could jump further because of a shortage of pigs," Kevin Xie, China economist at the Commonwealth Bank of Australia, said in a note.
The broader MSCI Asia ex-Japan index was 0.49 percent lower at 541.20, as of 3.26 p.m. HK/SIN.
In Japan, the Nikkei 225 closed 0.11 percent higher at 21,711.38 as shares of index heavyweight Fast Retailing added 0.51 percent, while the Topix index fell slightly to finish its trading day at 1,606.52.
Over in South Korea, the Kospi closed virtually flat at 2,224.44.
On the U.S.-China trade front, U.S. Treasury Secretary Steven Mnuchin told CNBC on Wednesday that Washington and Beijing have "pretty much agreed on an enforcement mechanism" for when a deal is struck.