US data pushes Japan stock exchanges – tech stocks slow down markets in China

Tokyo Stock Exchange

The markets in Asia are opening unevenly.

(Photo: LightRocket/Getty Images)

Tokyo, Singapore A lower US inflation rate dampened interest rate concerns in Japan on Thursday and supported stock prices. The Nikkei index, which comprises 225 stocks, was 0.1 percent higher at 28,109 points. The broader Topix index was unchanged at 2006 points.

Markets in China were weighed down by a 1.5 percent slide in Hong Kong tech stocks after the Financial Times newspaper reported that tech investor SoftBank will divest almost all of its stake in Amazon rival Alibaba. The Shanghai stock exchange was down 0.1 percent. The index of the most important companies in Shanghai and Shenzhen lost 0.5 percent.

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