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Asia Pacific shares trade mixed; China’s CPI rise at fastest pace in 15 months
Shares in Asia Pacific traded mixed on Wednesday morning following an overnight trading session on Wall Street that saw the end of the Dow Jones Industrial Average’s winning streak. Mainland Chinese shares slipped in early trade, with the Shanghai composite declining 0.2% and Shenzhen component shedding 0.35%. The Shenzhen composite also fell 0.103%. Meanwhile, Hong Kong’s Hang Seng index dropped 1.3% as protests continued in the city on Wednesday over the contentious China extradition law. Meanwhile, official Chinese inflation data showed the producer price index in the country rising 0.6% year-on-year in May, ... (full story)