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Market Update

Shanghai Outperforms in Quiet Asia

Asian markets ended little changed Wednesday barring the mainland Chinese markets which outperformed its peers even as investors focused on some economic news in the region.

The Shanghai Composite rallied 2.2% a day after the central bank pumped in cash into the financial system to boost liquidity ahead of the Lunar New Year holidays when the demand for cash is higher. Hong Kong's Hang Seng edged up 0.2%. The Nikkei also ended flat, up just 0.2%. Australia's All Ordinaries slipped 0.2% after domestic inflation figures came in slightly higher than expected.