Investing.com - Shares in Asia were mixed with Shanghai posting small gains ahead of a coming week-long holiday while the People's Bank of China started injecting liquidity to the market to help banks to meet cash demands.
The PBOC injected a net CNY40 billion into the interbank market via its open market operations this morning, compared with last week's net drain of CNY140 billion. The week long National Day holiday starts next Thursday.
benchmark Shanghai Composite Index was last up 0.21% at 3122.35. Hong Kong's Hang Seng Index lost 0.64% at 21164.63. The S&P/ASX 200 rose 1.06%
Overnight, U.S. stocks were lower after the close on Wednesday, as losses in the Basic Materials, Oil & Gas and Industrials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average declined 0.31%, while the S&P 500 index declined 0.20%, and the NASDAQ Composite index lost 0.08%.