India's Sensex opened down less than 0.1 per cent at 65,071.31. New Zealand and Singapore advanced while Bangkok and Jakarta declined.
A monthly index of Chinese service industries declined to 51 from June's 51.2 on a 100-point scale on which numbers above 50 show activity growing.
A separate manufacturing index improved to 49.7 but still showed activity contracting.
Chinese economic growth slid to 0.8 per cent over the previous quarter in the three months ending June from the January-March quarter's 2.2 per cent. Exports have contracted and retail spending is weak.
The latest figures suggest Asia's biggest economy is not “definitively growing,” said Stephen Innes of SPI Asset Management in a report. “These figures might not sufficiently reassure the markets."
On Wall Street, the S and P 500 advanced Wednesday to 4,514.87.
It is down from this year's peak in July but still up 17.6 per cent for the first eight months of 2023.
The Dow Jones Industrial Average added 0.1per cent to 34,890.24. The Nasdaq gained 0.5per cent to 14,019.31. It's up nearly 34 per cent for the year.
Technology stocks led gains. Apple rose 1.9 per cent and Palo Alto Networks rose 1.7 per cent. HP lost 6.6 per cent after cutting its profit forecast.
Asian stock markets were mostly lower Thursday after Japanese factory activity and Chinese service industry growth weakened.
Shanghai, Hong Kong and Seoul declined. Tokyo gained. Oil prices edged lower.
Wall Street's benchmark S and P 500 index rose 0.4 per cent on Wednesday after the US government cut its estimate of economic growth for the second quarter to a still-robust level.
Traders hope that and this week's updates on hiring and consumer inflation will convince the Federal Reserve prices are under control and no more interest rate hikes are needed.
Official data showed Japanese factory activity shrank by 2 per cent from the previous month in July.
A survey of Chinese service industries showed activity weakened in July but still was expanding.
“Things could be worse. But markets are not likely to take too much comfort from this set of data,” said Rob Carnell of ING in a report.
The Shanghai Composite Index lost 0.6 per cent to 3,119.06 while the Nikkei 225 in Tokyo advanced 1per cent to 32,669.98. The Hang Seng in Hong Kong declined 0.3 per cent to 18,419.98.
The Kospi in Seoul was 0.4per cent lower at 2,550.40 and Sydney's S and P-ASX 200 gained 0.1 per cent to 7,305.00.
The US government cut its second-quarter economic growth estimate for an annual rate of 2.1 per cent from 2.4 per cent. That still is up from 2 per cent during the first quarter.
Official data Tuesday showed hiring is cooling, another possible data point in favour of the Fed holding steady on interest rates that are at a 22-year high to cool inflation.
Traders hope the the Fed can pull off a “soft landing," or bringing inflation under control without tipping the US economy into recession. The central bank held rates steady at its last meeting. Investors expect the same at its meeting in September.
On Thursday, the government will release an inflation update with a report on personal consumption and expenditures.
The PCE is the inflation measure the Fed watches most closely. It eased to 3per cent in July from last year's peak of 7 per cent.
On Friday, the government's monthly employment report for August will cap a heavy week of updates.
In energy markets, benchmark US crude oil lost 1 cent to USD 81.62 per barrel in electronic trading on the New York Mercantile Exchange.
It rose 47 cents on Wednesday to USD 81.63. Brent crude, the price basis for international oil trading, shed 1 cent to USD 85.23 per barrel in London. It gained 37 cents the previous session to USD 85.86.
The dollar declined to 145.97 yen from Wednesday's 146.20 yen. The euro edged down to USD 1.0919 from USD 1.0923. (AP) FZH
