Nikkei trades at session highs. Shanghai composite also at session highs

The Asia-Pacific stocks are shrugging off the weaker China PMI data.

  • Japan's Nikkei 225 is up 1.55% at 21786. The high just peaked at 21810
  • China's Shanghai is up 0.64% at 2584. That is its high for the day
  • Hong Kong's Hang Seng index is up 0.90% at 24810.
  • China CSI 300 is up 0.74%
  • Australia's S&P ASX is up 0.34%

Not bad results in what was largely a day with weaker than expected data.

  • Japan industrial production -1.1% versus -0.3% expected
  • Australia's CPI 0.4% versus 0.5% third-quarter
  • South Korea's industrial production was its weakest in 9 years
  • China PMI manufacturing came in at 50.2 versus 50.6 expected