06:31 AM EDT, 06/05/2025 (MT Newswires) -- Asian stock markets were mixed on Thursday as traders weighed foreign exchange rates and reports on China's economy.

Hong Kong and Shanghai finished in the green, while Tokyo lagged. Other regional exchanges gained ground.

In Japan, the Nikkei 225 opened lower and failed to recover, finishing down 0.5% as a stronger yen undercut export-related issues.

The benchmark Nikkei 225 fell 192.96 to 37,554.49, as losing issues outnumbered gainers 181 to 41.

Leading the upside was semiconductor manufacturing equipment maker Lasertec, up 5.6%, while Sumitomo Pharma declined 6.7%.

In Hong Kong, the Hang Seng Index finished up 1.1% after a report indicated China's service sector was expanding.

The broad gauge Hang Seng rose 252.94 to 23,906.97, as gaining issues outnumbered losers 60 to 21. The Hang Seng TECH Index gained 1.9% on the day, while the Mainland Properties Index rose 1.2%.

Leading the upside was smartphone components maker Sunny Optical Technology, gaining 5.6%, while shipping line Orient Overseas International declined 5.9%.

On the mainland, the Shanghai Composite rose 0.2% to 3,384.10.

In economic news, the headline final China services purchasing managers index (PMI) posted at 51.1 in May, up from 50.7 in April, and striking further above the 50-mark that separates growth from contraction, reported S&P Global.

The China composite PMI, a combination of the service and manufacturing sectors, declined to 49.6 in May, down from 51.1 in April, due to a soft factory segment, added S&P Global.

On the other regional exchanges, the S. Korean KOSPI rose 1.5%; the Taiwan TWSE advanced 0.3%; the Australian ASX 200 was steady; the Singapore Straits Times Index rose 0.4%, and the Thai Set gained 0.8%. In late trading in Mumbai, the Sensex was up 0.6%.