ADP Inc.

Asian stocks mixed after China factories, Wall Street gains

Asian stock markets were mixed Thursday after Wall Street rose on a stronger estimate of U.S. economic growth and Chinese factory activity improved.

KEEPING SCORE: The Shanghai Composite Index lost 0.4 percent to 3,350.44 while Tokyo's Nikkei 225 gained 0.7 percent to 19,652. Hong Kong's Hang Seng shed 0.4 percent to 27,978.42 and Sydney's S&P-ASX 200 advanced 0.5 percent to 5,700.10. Seoul's Kospi lost 0.3 percent to 2,365.22 and Manila also fell while New Zealand, Taiwan and other Southeast Asian benchmarks rose.

WALL STREET: U.S. stocks climbed as investors cheered a report of stronger economic growth. Investor concerns about tensions between the U.S. and North...