- Shares of Tencent-backed financial technology firm Linklogis surged nearly 10% from their issue price in their Hong Kong debut.
- Chinese consumer and producer inflation rose in March as compared to a year ago, according to official data released Friday.
- The S&P 500 on Wall Street saw its second straight record close overnight.
SINGAPORE — Shares in Asia-Pacific were mostly lower on Friday after the S&P 500 on Wall Street cruised to yet another record closing high overnight.
Hong Kong's Hang Seng index declined 1.07% to close at 28,698.80.
The moves came as official data released Friday showed Chinese consumer and producer inflation rising in March as compared with a year ago.
The consumer price index for March rose 0.4% from last year, more than expectations for a 0.3% increase in a Reuters poll. The producer price index for March jumped 4.4% from last year, against expectations in a Reuters poll for a 3.5% rise.
In Japan, stocks bucked the overall downward trend regionally. The Nikkei 225 rose 0.2% to close at 29,768.06 while the Topix index advanced 0.39% to finish its trading day at 1,959.47. South Korea's Kospi fell 0.36% on the day to 3,131.88.
Stocks in Australia dipped as the S&P/ASX 200 closed slightly lower at 6,995.20.
MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.68%.
Overnight on Wall Street, the S&P 500 gained 0.42% to 4,097.17 — its second straight record close. The Dow Jones Industrial Average also advanced 57.31 points to end its trading day at 33,503.57 while the the tech-heavy Nasdaq Composite jumped 1.03% to close at 13,829.31.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 92.273 after an earlier low of 92.025.