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Asia Pacific stocks set to trade mixed following Thursday's plunge in mainland Chinese shares

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Stocks in Asia Pacific were set for a mixed start following Thursday's drop that saw shares in China plunging more than 4%.

Futures pointed to a mixed open for stocks in Japan. The Nikkei futures contract in Chicago was at 22,810 while its counterpart in Osaka was at 22,750. That compared against theShares in Australia were poised to slip at the open, with the SPI futures contract at 5,990, as compared to theThe overall tone is expected to be "cautious" following yesterday's sharp fall in Chinese stocks along with a "miss" in U.S.

, came in worse than analysts' forecast and showed the nation's economy entering a technical recession.

 

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