A cyclist moves past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Wednesday, April 10, 2024 in Tokyo. (AP Photo/Shuji Kajiyama)
BANGKOK — Shares were mixed Wednesday in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports.
Hong Kong’s Hang Seng gained 1.7 percent to 17,115.94, while the Shanghai Composite index lost 0.8 percent to 3,026.11 after Fitch Ratings lowered its outlook for China’s public finances.
The report by Fitch cited increased risks due to China’s shift away from reliance on its troubled property sector and rising public debt.
“There is little clarity on reform measures to support medium-term fiscal consolidation,” it said.
Tokyo’s Nikkei 225 gave up 0.5 percent to 39,581.81 and the S&P/ASX 200 in Sydney gained 0.3 percent to 7,848.50.
India’s Sensex advanced 0.3 percent and the SET in Bangkok climbed 0.5…
