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Shares were mixed Wednesday in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports.
Hong Kong’s Hang Seng gained 1.7% to 17,115.94, while the Shanghai Composite index lost 0.8% to 3,026.11 after Fitch Ratings lowered its outlook for China’s public finances.
The report by Fitch cited increased risks due to China‘s shift away from reliance on its troubled property sector and rising public debt.
“There is little clarity on reform measures to…
