Asian markets ended mixed on Wednesday as traders focus shifted to key US economic data and upcoming Fed’s decisions for further cues on the economic and interest rate outlook. Chinese and Hong Kong shares declined after the release of weak data and amid deepening property stress. Data showed that the RatingDog China General Services PMI, compiled by S&P Global, fell to 52.1 from 52.6 in October, marking the weakest expansion since June. Japanese shares rose sharply as technology shares tracked Wall Street higher amid expectations of further US Federal Reserve rate cuts, but caution persisted as markets assessed speculation that the Bank of Japan could raise rates this month. Meahile, Seoul shares climbed back above the 4,000 level after the Bank of Korea (BOK) said the South Korean economy expanded at the fastest pace in nearly four years in the third quarter on strong exports.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,878.00 | -19.71 | -0.51 |
| Hang Seng | 25,760.73 | -334.32 | -1.28 |
| Jakarta Composite | 8,611.79 | -5.25 | -0.06 |
| KLSE Composite | 1,622.84 | -7.76 | -0.48 |
| Nikkei 225 | 49,864.68 | 561.23 | 1.14 |
| Straits Times | 4,554.52 | 16.56 | 0.36 |
| KOSPI Composite | 4,036.30 | 41.37 | 1.04 |
| Taiwan Weighted | 27,793.04 | 228.77 | 0.83 |
