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Asia Mixed

Stocks in the Asia-Pacific traded mixed on Friday.

In Japan, the Nikkei 225 index gained 107.41 points, or 0.4%, to 27,509.46,

In Hong Kong, the Hang Seng Index slid 297.89 points, or 1.4%, to 21,660.47.

Hong Kong’s new global promotional campaign will “kickstart” the city’s reopening to international travelers.

As part of the “Hello Hong Kong” campaign, which was launched on Thursday, 500,000 air tickets will be given away over the next six months, starting in March.

Australian markets gained as investors digest new housing loan commitments for December that fell 4.3%.

CHINA

The Shanghai CSI 300 dumped 39.52 points, or 1%, to 4,141.63, as the Caixin purchasing managers’ index showed services activity in China picked up in January.

In other markets

In Korea, the Kospi gathered 11.52 points, or 0.5%, to 2,480.40.

In Singapore, the Straits Times gained 20.61 points, or 0.6%, to 3,384.29.

In Taiwan, the Taiex inched up 7.5 points, or 0.1%, to 15,602.66.

In New Zealand, the NZX 50 leaped 44.99 points, or 0.4%, to 12,197.15.

In Australia, the ASX 200 acquired 46.46 points, or 0.6%, to 7,558.11.