Asian shares mixed after lackluster day on Wall Street

Asian shares are mixed after Wall Street reopened from the Memorial Day holiday on a lackluster note

TOKYO -- Asian shares were mixed on Wednesday after Wall Street began the post-holiday week on a lackluster note. Shares rose in Tokyo and Sydney, fell in China and were little changed in South Korea. A weakening in growth in Chinese manufacturing, based on surveys of factory managers, has undermined buying sentiment. Market players are looking ahead to U.S. jobs data, which are also likely to show growth. They’re also keeping an eye on comments by Federal Reserve officials on inflation, a concern overhanging markets as economies regain momentum with the rollout of coronavirus vaccines, especially in the United States. Japan's benchmark Nikkei 225 added 0.5% to finish at 28,946.14. Australia's S&P/ASX 200 jumped 1.1% to 7,217.80. South Korea's Kospi was little changed, edging less than 0.1% lower to 3,221.54. Hong Kong's Hang Seng lost 0.6% to 29,281.37, while the Shanghai Composite dropped 0.8% to 3,596.42.