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Asia-Pacific Stocks Mixed; Official Data Shows China's Industrial Profit Growth Slowing in May

Data released Sunday by China s National Bureau of Statistics showed profits at China s industrial firms rose 36.4% in May as compared with a year earlier. That was a slowdown from the 57% year-on-year growth posted in April.
Elsewhere, the Nikkei 225 in Japan slipped about 0.1% in morning trade while the Topix index gained 0.11%. South Korea s Kospi sat below the flatline.
MSCI s broadest index of Asia-Pacific shares outside Japan traded 0.15% lower.
Trading paused in Hong Kong
Hong Kong Exchanges and Clearing announced Monday that the morning trading sessions of both the securities and derivatives markets, including Stock Connect trading, have been delayed due to a black rainstorm warning. ....

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Japan's Nikkei 225 Jumps Nearly 1% as Asia-Pacific Stocks Rise After S&P 500 Sails to Record High Overnight

By Eustance Huang, CNBC •
Updated 2 hours ago
Asia-Pacific shares edged higher in Friday morning trade.
The S&P 500 gained 0.58% overnight on Wall Street to a new record closing high of 4,266.49.
The gains stateside came after U.S. President Joe Biden announced the White House had reached an infrastructure deal after meeting with a bipartisan group of senators.
SINGAPORE Asia-Pacific stocks rose in Friday morning trade after the S&P 500 rose to a record closing high overnight stateside.
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Japan s Nikkei 225 rose 0.48% in morning trade while the Topix index gained 0.5%. South Korea s Kospi advanced 0.79%. ....

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