Asia opens mixed but mostly higher

Asian stock indices opened the fourth session of the week mixed with Japan mixed, while China, Australia, Hong Kong, and South Korea higher, and as New Zealand lost ground, following earlier data from major Asian economies. 

Earlier Chinese data showed consumer prices rose 2.5% as expected in June, while producer prices fell 3%, besting estimates of a 3.2% drop. 

Earlier Japanese data showed machine orders rose 1.7% in May m/m, while falling 5.2% y/y. 

Japan's M2 money supply rose 7.2% in June, beating estimates of 5.6%. 

Japan's TOPEX fell 0.30%, while Nikkei 225 rose 0.21% to 22,486. 

China's CSI 300 gained 0.93%, while Shanghai rose 0.87% to 3,432. 

Hong Kong's Hang Seng added 0.48%, while South Korea's KOSPI rose 0.66% to 2,173. 

New Zealand's NZX 50 rose 1.41% to 11,541, while Australia's S&P/ASX 200 rose 0.93% to 5,975.