Asian shares mixed after S&P 500 squeaks to new record high

Asian shares are mixed after a late-in-the-day wave of buying pushed the S&P 500 to a fresh record high

Asian shares were mixed Friday after a late-in-the-day wave of buying pushed the S&P 500 to a fresh record high.

Benchmarks rose in Hong Kong and Tokyo but fell in Sydney and Shanghai.

An official newspaper, the Securities Times, said China Evergrande Group made an overdue bond payment on Friday. The property developer's struggle to reduce its 2 trillion yuan ($310 billion) of debt to comply with tighter official curbs on borrowing has prompted fears a default might trigger a financial crisis.

Evergrande wired $83.5 million to account for a bond payment that was due Sept. 23, the report said. The company's Hong Kong-traded shares gained 3.5%.