06:44 AM EDT, 09/29/2025 (MT Newswires) -- Asian stock markets churned on Monday, as traders weighed foreign exchange rates and the latest economic report from Beijing.

Hong Kong and Shanghai finished in the green, while Tokyo lagged. Other regional exchanges were mixed on the high side, with Taiwan closed on holiday.

In Japan, the Nikkei 225 finished off 0.7% as stocks traded ex-dividend, and a firmer yen undercut export issues.

The benchmark Nikkei 225 fell 311.24 to 45,043.75, as losing issues outnumbered gainers 183 to 42.

Leading the upside was online medical services company M3, up 7.2%, while consultancy BayCurrent declined 4.6%.

In Hong Kong, the Hang Seng Index finished up 1.9% after a strong industrial profits report from Beijing was released over the weekend.

The broad gauge Hang Seng rose 494.68 to 26,622.88, as gaining issues outnumbered losers 78 to nine. The Hang Seng TECH Index gained 2.1% on the day, while the Mainland Properties Index rose 1.8%.

Leading the upside was New Oriental Education and Technology, gaining 7.9%, while smartphone and automaker Xiaomi declined 2%.

On the mainland, the Shanghai Composite rose 0.9% to 3,862.53.

In economic news, mainland China industrial profits rose 20.4% in August on the year, reversing three straight months of year-on-year declines, reported the National Bureau of Statistics on Saturday.

On the other regional exchanges, the South Korean KOSPI rose 1.3%; the Australian ASX 200 rose 0.9%; the Singapore Straits Times Index advanced 0.1%, and the Thai Set gained 0.7%. In late trading in Mumbai, the Sensex was steady.