Asian stocks finished mixed on Friday, as fresh concerns over economic growth in China eclipsed positive sentiment triggered by earnings news as well as potential pause or slowdown by the Fed. Hong Kong's Hang Seng declined more than 2 percent as tech stocks and real estate stocks were under pressure.
China's Shanghai Composite Index dropped 29.34 points or 0.9 percent to finish at 3,253.24. The day's trading ranged between 3,246.37 and 3,294.80. The Shenzhen Component Index lost 1.3 percent to close at 12,269.27.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.