06:31 AM EDT, 03/20/2026 (MT Newswires) -- Asian stock markets turned in a mixed performance Friday, as traders weighed prospects for more attacks on Middle East energy infrastructure, and for the opening of the strategic Strait of Hormuz.

Hong Kong and Shanghai finished in the red, while other regional exchanges were uneven, with Tokyo closed on holiday.

In Hong Kong, the Hang Seng Index opened steadily but drifted lower throughout the session, finishing off 0.9% on higher oil prices.

The broad gauge Hang Seng fell 223.26 to 25,277.32, as losing issues outnumbered gainers 60 to 29. The Hang Seng TECH Index lost 2.5% on the day, while the Mainland Properties Index fell 1%.

Leading the upside was garment company Li Ning, gaining 8.6%, while smartphone and automaker Xiaomi declined 7.9%.

On the mainland, the Shanghai Composite fell 1.2% to 3,957.05.

In economic news, the People's Bank of China left the one-year loan prime rate at 3.0% and the five-year loan prime rate, which is used as a peg for mortgage rates, at 3.50%.

On the other regional exchanges, the South Korean KOSPI rose 0.3%; the Taiwan TWSE declined 0.4%; the Australian ASX 200 declined 0.8%; the Singapore Straits Times Index fell 0.4%, and the Thai Set inclined 1.1%. In late trading in Mumbai, the Sensex was up 0.5%.

The MSCI All Country Asia Pacific Index fell 0.6% on the day.