05:44 AM EST, 02/26/2025 (MT Newswires) -- Asian stock markets unevenly tracked higher Wednesday as traders reviewed tech and property stocks, and measured international trade tensions.

Hong Kong and Shanghai finished in the green, while Tokyo edged lower. Other regional exchanges were mixed, with a 2% rise on Bangkok's Set index after a rate cut from the nation's central bank.

In Japan, the Nikkei 225 opened lower on overnight Wall Street cues and could not recover, finishing off 0.2% as traders awaited the pending earnings report from the tech-sector giant and bellwether, the US-based chipmaker Nvidia (NVDA).

The benchmark Nikkei 225 fell 95.42 to 38,142.37, as losing issues outnumbered gainers 112 to 111.

Leading the upside was Furukawa Electric, up 4.4%, while online medical services company M3 declined 5.3%.

In economic news, Japan's leading economic indicators index struck 108.3 in December, up from 107.8 in November, though below a preliminary December estimate of 108.9, reported the Cabinet Office.

In Hong Kong, the Hang Seng Index opened higher and rose to the close on powerful rallies in tech and property issues.

The broad gauge Hang Seng rose 753.91 to 23,787.93, as gaining issues outnumbered losers 83 to 13. The Hang Seng TECH Index gained 4.5% on the day, while the Mainland Properties Index rose 6.4%.

Leading the upside was property-developer Longfor, gaining 10.7%, while CSPC Pharmaceutical declined 4.2%.

On the mainland, the Shanghai Composite gained 1% to 3,380.21.

On the other regional exchanges, the South Korean KOSPI rose 0.4%; the Taiwan TWSE inclined 0.5%; the Australian ASX 200 declined 0.1%; and the Singapore Straits Times Index fell 0.2%. In late trading in Mumbai, the Sensex was up 0.2%.

In regional economic news, Thailand's central bank cut its key policy rate to 2% from 2.25%, after holding rates steady in December.

Thailand logged a 1.3% on year rate of consumer price inflation in January, well within the Thai central bank's target inflation band of 1% to 3%.