SINGAPORE — Shares in mainland China closed higher on Wednesday as investors reacted to the release of Chinese trade data for September.
China’s imports rose 17.6% from a year earlier in September, customs data showed Wednesday, missing expectations for a 20% expansion in a Reuters poll. Exports in September rose 28.1% from a year earlier in September, the data showed, exceeding forecasts by analysts in a Reuters poll for a 21% year-on-year rise.
Trading in Hong Kong was cancelled all day on Wednesday because of a typhoon warning alert, the Hong Kong exchange said in a release at noon.
Mixed Asia-Pacific markets
In Japan, the Nikkei 225 slipped 0.32% to close at 28,140.28 while the Topix index dipped 0.45% to finish the trading day at 1,973.83.
MSCI’s broadest index of Asia-Pacific stocks outside Japan rose 0.26%.
Oil prices were slightly lower in the afternoon of Asia trading hours, although they still remained elevated above $80 per barrel.
China on Tuesday announced plans to liberalize coal-fired power pricing, Reuters reported, as the country faces a energy crisis.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 94.41 after bouncing from levels below 94.2 earlier in the week.