Asian markets were mixed in early trading Friday as investors sought clarity after conflicting messages about the state of U.S.-China trade talks.

Chinese officials announced Thursday that a mutual rollback of tariffs had been agreed upon as part of a “phase one” trade deal, but while one U.S. official confirmed that, two others disputed it, according to the Wall Street Journal. Reuters reported that the subject of rolling back tariffs faced “fierce internal opposition” within the White House.

China got encouraging economic news as exports fell less than expected in October, down just 0.9% from the prior year compared to September’s 3.2% decline. Experts had expected a 3.1% fall. Chinese imports also fell less than expected.

Japan’s Nikkei

NIK, +0.15%

  inched up 0.1% while Hong Kong’s Hang Seng Index

HSI, -0.44%

  retreated 0.4%. The Shanghai Composite

SHCOMP, +0.35%

  rose 0.3% and the Shenzhen Composite

399106, +0.81%

  gained 0.8%. South Korea’s Kospi

180721, -0.21%

  declined 0.2%, while benchmark indexes in Taiwan

Y9999, -0.10%

 , Singapore

STI, -0.79%

 , Malaysia

FBMKLCI, -0.09%

  and Indonesia

JAKIDX, -0.06%

  were mixed. Australia’s S&P/ASX 200

XJO, -0.28%

  dipped 0.2%.

Among individual stocks, SoftBank

9984, +3.03%

  gained in Tokyo trading, as did Toyota

7203, +1.86%

  , while retailers Fast Retailing

9983, -1.11%

  and Rakuten

4755, -4.50%

  fell. In Hong Kong, Geely Automobile

175, +2.62%

  rose while New World Development

17, -1.54%

  and Tencent

700, -1.14%

  declined. SK Hynix

000660, -1.67%

  fell in South Korea while Apple component maker Largan Precision

3008, +1.71%

 advanced in Taiwan. Beach Energy

BPT, +1.27%

  and Woodside Petroleum

WPL, +1.97%

  gained in Australia.

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2019-11-07