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Market Update

Asian Stocks Trade Mixed in Cautious Moves

Asian stocks opened lower Thursday morning, tracking overnight Wall Street losses; but Tokyo and Sydney bourses managed to recover early losses by mid-session.

Mainland China's Shanghai Composite fell 1.5% while Hong Kong's Hang Seng erased 0.4% and Mumbai's Sensex slipped 0.1% at 9:46 a.m. Indian Standard time.