Asia-Pacific Markets Mixed Amid Wall Street's Subdued Performance

Asia-Pacific markets traded mixed on Friday following a subdued session on Wall Street. Australia's ASX/S&P 200 added 0.19% to close at 8,634.6. Japan's benchmark Nikkei 225 index lost 1.05% to finish at 50,491.87, while the Topix declined by 1.05% to 3,362.56.

Yields on the Japanese 10-year government bond rose to 1.94%, marking the highest level since July 2007, according to data from LSEG. In South Korea, the Kospi increased by 1.78% to 4,100.05, while the Kosdaq Index retreated 0.55% to 924.74.

Hong Kong's Hang Seng Index gained 0.5%, and the mainland CSI 300 was up 0.84% at 4,584.54. Notably, shares of Moore Threads, a Beijing-based graphics processing unit manufacturer, surged more than 400% on its debut in Shanghai following a $1.1 billion listing.

Investors are closely monitoring tech stocks amid recent bubble concerns, with shares of SoftBank rising nearly 4% for a third consecutive day, though the stock later pared some of those gains to trade 1.02% higher.

Founder Masayoshi Son expressed regret over the decision to sell the conglomerate's entire Nvidia stake, stating he 'was crying' over the parting with the shares.