Asian shares trade mixed after China GDP meets expectations

Major indexes in Asia were narrowly mixed on Thursday trade as investors digested a barrage of economic data releases out of China. The Nikkei 225 (CBOE: .NKXQ) climbed 0.66 percent, extending gains after closing higher for 12 consecutive sessions on Wednesday. Across the Korean Strait, the Kospi (Korea Stock Exchange: .KS11) reversed early losses to climb 0.08 percent. Gains in automakers and several tech stocks offset losses made by Samsung Electronics and SK Hynix: Kia Motors was up 0.91 percent and LG Electronics rose 6.86 percent. Down Under, the S&P/ASX 200 (ASX: .AXJO) was up 0.2 percent as losses in major miners were offset by gains in banks and information technology stocks. The heavily-weighted financials sub-index advanced 0.6 percent. Greater China markets trended lower as investors digested the release of economic data earlier in the session. Hong Kong's Hang Seng Index (Hong Kong Stock Exchange: .HSI) was off 0.07 percent. On the mainland, the Shanghai Composite (Shanghai Stock Exchange: .SSEC) slid 0.52 percent and the Shenzhen Composite fell 0.735 percent. India markets are closed for a public holiday. Third-quarter GDP showed the Chinese economy grew 6.8 percent compared to a year ago, meeting analyst expectations. That was a touch softer than the 6.9 percent growth seen in the second quarter of the year. Other data releases were mixed. China's industrial production increased 6.6 percent in September compared to one year ago, beating the 6.2 percent forecast in a Reuters poll. September retail sales also topped expectations, increasing by 10.3 percent compared to the previous year, above the 10.2 percent forecast. Fixed asset investment for the month, however, came up short.Following that, the Australian dollar pared gains made after stronger-than-expected employment data released earlier in the day. Employment rose by 19,800 compared to a projected increase of 15,000, Reuters reported. The Aussie dollar traded at $0.7851 at 10:22 a.m. HK/SIN, a touch firmer on the day but below a session high of $0.7871 seen earlier.In other economic news, growth in Japan's exports and imports came in just short of forecasts. Government data showed the country's exports increased 14.1 percent in September compared to a year ago, short of the 14.9 percent forecast in a Reuters poll. Japan's imports rose 12 percent in the same period, below the 15 percent median forecast. The dollar (Exchange: JPY=) was touch firmer against the yen on the day at 112.97 at 10:25 a.m. HK/SIN, although it traded at levels above the 113 handle before the data release. Stateside, robust quarterly earnings reports propelled the Dow's closeabove the 23,000 levelfor the first time on Wednesday. The index closed up 0.7 percent, or 160.16 points, to end at 23,157.60. The Dow first cracked the 23,000 mark on Tuesday, but had closed just under that level. Other major U.S. indexes notched slight gains Yields on U.S. Treasury notes rose overnight following economic releases, including the Federal Reserve's Beige Book, stateside. The yield on the 10-year Treasury note rose to 2.3447 percent on Wednesday. Meanwhile, yields on the 2-year Treasury bill touched their highest levels in around 10 years, supported by comments from New York Fed President William Dudley that the central bank was on course to meeting its interest rate forecast for 2017. The dollar index (New York Board of Trade (Futures): =USD) , which tracks the greenback against a basket of six currencies, was mostly flat at 93.378 at 10:25 a.m. HK/SIN after edging down overnight on uninspiring U.S. economic data. On the energy front, oil prices were steady. Brent crude lost 0.02 percent to trade at $58.14 a barrel and U.S. crude futures added 0.02 percent to trade at $52.05. In central bank-related news, the Bank of Korea kept rates on hold, as was widely expected. Ahead, Indonesia's central bank will make its interest rates decision at 5:00 p.m. Major indexes in Asia were narrowly mixed on Thursday trade as investors digested a barrage of economic data releases out of China. The Nikkei 225 (CBOE: .NKXQ) climbed 0.66 percent, extending gains after closing higher for 12 consecutive sessions on Wednesday. Across the Korean Strait, the Kospi (Korea Stock Exchange: .KS11) reversed early losses to climb 0.08 percent. Gains in automakers and several tech stocks offset losses made by Samsung Electronics and SK Hynix: Kia Motors was up 0.91 percent and LG Electronics rose 6.86 percent. Down Under, the S&P/ASX 200 (ASX: .AXJO) was up 0.2 percent as losses in major miners were offset by gains in banks and information technology stocks. The heavily-weighted financials sub-index advanced 0.6 percent. Greater China markets trended lower as investors digested the release of economic data earlier in the session. Hong Kong's Hang Seng Index (Hong Kong Stock Exchange: .HSI) was off 0.07 percent. On the mainland, the Shanghai Composite (Shanghai Stock Exchange: .SSEC) slid 0.52 percent and the Shenzhen Composite fell 0.735 percent. India markets are closed for a public holiday. Third-quarter GDP showed the Chinese economy grew 6.8 percent compared to a year ago, meeting analyst expectations. That was a touch softer than the 6.9 percent growth seen in the second quarter of the year. Other data releases were mixed. China's industrial production increased 6.6 percent in September compared to one year ago, beating the 6.2 percent forecast in a Reuters poll. September retail sales also topped expectations, increasing by 10.3 percent compared to the previous year, above the 10.2 percent forecast. Fixed asset investment for the month, however, came up short. Following that, the Australian dollar pared gains made after stronger-than-expected employment data released earlier in the day. Employment rose by 19,800 compared to a projected increase of 15,000, Reuters reported. The Aussie dollar traded at $0.7851 at 10:22 a.m. HK/SIN, a touch firmer on the day but below a session high of $0.7871 seen earlier. In other economic news, growth in Japan's exports and imports came in just short of forecasts. Government data showed the country's exports increased 14.1 percent in September compared to a year ago, short of the 14.9 percent forecast in a Reuters poll. Japan's imports rose 12 percent in the same period, below the 15 percent median forecast. The dollar (Exchange: JPY=) was touch firmer against the yen on the day at 112.97 at 10:25 a.m. HK/SIN, although it traded at levels above the 113 handle before the data release. Stateside, robust quarterly earnings reports propelled the Dow's close above the 23,000 level for the first time on Wednesday. The index closed up 0.7 percent, or 160.16 points, to end at 23,157.60. The Dow first cracked the 23,000 mark on Tuesday, but had closed just under that level. Other major U.S. indexes notched slight gains Yields on U.S. Treasury notes rose overnight following economic releases, including the Federal Reserve's Beige Book, stateside. The yield on the 10-year Treasury note rose to 2.3447 percent on Wednesday. Meanwhile, yields on the 2-year Treasury bill touched their highest levels in around 10 years, supported by comments from New York Fed President William Dudley that the central bank was on course to meeting its interest rate forecast for 2017. The dollar index (New York Board of Trade (Futures): =USD) , which tracks the greenback against a basket of six currencies, was mostly flat at 93.378 at 10:25 a.m. HK/SIN after edging down overnight on uninspiring U.S. economic data. On the energy front, oil prices were steady. Brent crude lost 0.02 percent to trade at $58.14 a barrel and U.S. crude futures added 0.02 percent to trade at $52.05. In central bank-related news, the Bank of Korea kept rates on hold, as was widely expected. Ahead, Indonesia's central bank will make its interest rates decision at 5:00 p.m.

More From CNBC

• Top News and Analysis
  

• Latest News Video
  

• Personal Finance