Asia markets were cautious after stocks stumbled and investors turned to safe haven assets after North Korea's recent nuclear test.
China is looking good on the investment front following some recent upbeat data and the PMI figures this week, says Sat Duhra, portfolio manager, Asia Dividend Income Strategy, Janus Henderson.
Asian markets open mixed with rebound in Seoul, China Caixin Services PMI awaited.
Most markets in the region made slight gains as investors digested the release of manufacturing activity data from China.
China reports Caixin/IHS Markit PMI for August on Friday at 9.45 a.m. SIN/HK.
CNBC's Rick Santelli provides the latest read on the health of the manufacturing sector and U.S. economy.
Strong Chinese factory PMI data has a "political context" as the Communist Party gets ready for its party conference in the fall, Jonathan Fenby, China chairman at TS Lombard, said.
Asian indexes closed mixed as the dollar extended its rise and as investors digested China PMI and solid U.S. economic data.
A deeper look at Chinese economic data shows a weakening of the real economy in China, Shuang Ding, head of Greater China economic research at Standard Chartered, told CNBC.
Kokou Agbo-Bloua, global head of flow strategy and solutions at Societe Generale, discusses the latest Chinese factory PMI data, which showed an unexpected acceleration.