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Asian markets continue to move higher on Wednesday but Japanese market was trading almost flat to negative. On the data front from China, PBoC devalued the currency around 0.2% as PBoC sets Yuan fix lower.
The USD/CNY fix was set at 6.5237 on Wednesday compared with 6.5130 a day earlier, a devaluation of 0.2%.
The Nikkei 225 index was trading 0.19% lower to 16,028.09 points in Tokyo, while the broader Topix gauge slipped 0.11% to trade at 1,295.47 points.
Mainland China's Shanghai Composite index grew 0.67% to 2,855.55 points, while Hong Kong's Heng Seng index also rose 0.36%, trading at 19,190.96 points.
South Korea's Kospi index was trading 0.05% higher to 1,889.18 points in early trade.
The benchmark S&P/ASX 200 index slid 0.23% to 4,898.50 points before midday in Sydney.
New Zealand S&P/NZX 50 index gained 0.38% to trade at 6,098.32 points.
