Asia Markets: Asian markets little changed as China’s economy holds steady

TOKYO — Asian stocks were mixed in a narrow range Wednesday as China announced its economy grew at a 6.4% annual pace in the last quarter.

Japan’s Nikkei 225 index NIK, +0.25% gained 0.3% and the Shanghai Composite SHCOMP, +0.29% edged 0.1% higher. Hong Kong’s Hang Seng index HSI, +0.02% was almost unchanged while the S&P/ASX 200 XJO, -0.33% in Australia lost 0.2%. South Korea’s Kospi SEU, -0.12% dipped fractionally, and shares rose in Taiwan Y9999, +0.64% and Singapore STI, +0.46% .

Among individual stocks, Rakuten 4755, +10.34% surged as the e-commerce giant let users register accounts for its upcoming cryptocurrency exchange.

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