Asian markets mixed as U.S.-China trade talks resume

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Asian markets were mixed in early trading Thursday, as the U.S. and China kicked off a new round of trade talks in Washington.

China’s chief negotiator, Liu He, was scheduled to meet with President Donald Trump on Thursday, and Larry Kudlow, Trump’s top economic adviser, expressed optimism that the two sides can come closer to a final agreement this week.

Read: Kudlow hopeful that U.S., China will ‘get closer’ to trade deal as talks resume

Japan’s Nikkei












NIK, -0.08%










  rose 0.2%, while Hong Kong’s Hang Seng Index












HSI, -0.52%










  retreated 0.5%. The Shanghai Composite












SHCOMP, +0.56%










  gained 0.4%, and South Korea’s Kospi












SEU, +0.19%










  advanced 0.2%. Singapore’s Straits Times Index












STI, -0.15%










  fell slightly, while Indonesia’s JSX












JAKIDX, +0.36%










  gained. Australia’s S&P/ASX 200












XJO, -0.95%










  fell 0.8%

Among individual stocks, Japan Display












6740, +5.95%










  rallied in Tokyo trading after a report that it would supply OLED screens for Apple Watches starting later this year. Meanwhile, e-commerce company Rakuten












4755, +1.96%










  gained while oil producer Inpex












1605, -3.11%










  slipped. In Hong Kong, CNOOC












0883, -1.78%










  and AIA Group












1299, -1.11%










  fell, along with many companies in the real-estate sector. Samsung












005930, +0.54%










  edged up in Korea, while Beach Energy












BPT, -4.31%










 , Oil Search












OSH, -1.86%










  and Woodside Petroleum












WPL, -2.01%










  slid in Australia.

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