Asian shares trading mixed as China reports growth slowed

Asian shares are mixed, taking their cues from a wobbly day of trading on Wall Street

TOKYO -- Asian shares were mixed Thursday, taking their cues from a wobbly day of trading on Wall Street. China reported its economy expanded at a 7.9% annual rate in the last quarter, down from 18.3% in January-March in a leveling off of its relatively early recovery from the pandemic. Japan's benchmark Nikkei 225 slipped 1.2% to finish at 28,279.09. Australia's S&P/ASX 200 slipped 0.3% to 7,335.90. South Korea's Kospi added 0.5% to 3,282.35. Hong Kong's Hang Seng added 1.1% to 28,082.00, while the Shanghai Composite rose nearly 1.0% to 3,563.20. Reaction to China's latest data was muted, said Harpreet Bhal of ActivTrades.