Asia-Pacific markets were mixed after investors reviewed China’s industrial profits, Australia’s inflation data.

Asia-Pacific markets were mixed on Wednesday, following gains on Wall Street that saw S&P 500 And Dow Jones Industrial Average Reach new intraday and closing records.

Of China Industrial profits October fell 10 percent from a year earlier, data showed on Wednesday, in another sign that Beijing’s recent stimulus measures have yet to reverse a slump in corporate earnings.

Traders in Asia also speculated Inflation figures Monthly consumer price index data outside Australia rose 2.1 percent year-on-year in October, missing the 2.3 percent expected by economists in a Reuters poll.

This figure was in line with the increase in the month of September, and was significantly lower than the 5.6 percent registered in September 2023.

of Hong Kong Hang Seng Index Gained 0.3 percent, while mainland China’s CSI 300 added 0.9 percent.

of Australia S&P/ASX 200 was trading up 0.6 percent.

of Japan Nikki 225 fell 0.7 percent, while broad-based topics fell 0.8 percent.

South Korea’s Blue Chip Kospi Index was down 0.2%, while the small-cap cos deck was trading flat.

In the U.S. on Tuesday, the blue-chip Dow rose 123.74 points, or 0.28 percent, to a record close of 44,860.31, while the S&P 500 added 0.57 percent to a record 6,021.63. gave Nasdaq Composite It jumped 0.63 percent to 19,174.30.

This strong performance has come after the demand of US President-elect Donald Trump. 25% tariff An additional 10% levy on Mexican and Canadian products, plus Chinese goods.

Trump has. Already said will impose a tariff of Up to 20% An additional duty of at least 60 percent on all imports, and products from China.

According to A market analyst Market participants, who spoke to CNBC, appeared to be looking past Trump’s announcement because they either expect the taxes won’t actually come, or that traders have already priced them in.

— CNBC’s Samantha Sabin and Alex Herring contributed to this report.