Asian stocks turned in a mixed performance on Wednesday despite a continued pullback in treasury yields, which reflected easing worries about inflation after several Federal Reserve officials reiterated that any inflation will be transitory and the Fed will maintain its current dovish monetary policy stance.
China's Shanghai Composite Index rose 12.02 points, or 0.3 percent, to 3,593.36, while Hong Kong's Hang Seng Index ended up 255.15 points, or 0.9 percent, at 29,166.01.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.