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Asian stocks traded mixed on Wednesday, with Chinese markets leading losses after U.S. index provider MSCI said it would put on hold the inclusion of mainland-listed A-shares in its emerging market index.
China’s benchmark Shanghai Composite index slumped 1.8 percent at the start of trade. However, there are analysts who believe this could just be a temporary blip.
In Hong Kong, the Hang Seng index eked out marginal gains.
Japan’s Nikkei 225 index erased initial losses to edge up, a day after the Tokyo index suffered its biggest loss in almost a month due to the prospect of an early US interest rate hike.
South Korea’s Kospi index trimmed gains an hour into trade.
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