China kept its base interest rates on one- and five-year loans unchanged at 3.45% and 3.95%, respectively.
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Asia-Pacific markets were mostly lower on Thursday as China kept its key one- and five-year loan rates unchanged.
The one-year prime loan rate serves as the benchmark for most business and household loans, while the five-year prime rate serves as a peg for mortgages. The one-year LPR rate is currently 3.45%, while the five-year LPR rate is 3.95%.
Earlier this week, the People's Bank of China kept the interest rate on its one-year medium-term lending facility steady at 2.5%.
Mainland China's CSI 300 index fell 0.49% after the announcement, while Hong Kong's index fell 0.49%. Hang Seng Index It decreased by 0.48%.
Among the biggest losers in Hong Kong is the hot pot restaurant chain. Haidilao Which also fell by 6.13% Shenzhou International Group and Budweiser Brewing APAC, which lost 4.31% and 3.73%, respectively.
South Korea's Kospi rose 0.42%, while the KOSDAC small-cap index fell 0.41%. Shares of HMM, the country's largest container ship, rose more than 3%.
Japan Nikki 225 The broad-based Topix fell 0.15%, and the broad-based Topix fell 0.36%.
The Taiwan Weighted Index touched new highs for the third day in a row and rose by 0.43%.
Australia's S&P/ASX 200 index fell 0.15%. Shares of Mexican-themed fast food chain Guzman y Gomez rose as much as 3.91% after its market debut on the Australian Stock Exchange on Thursday.
Data from New Zealand showed the economy emerged from a technical recession, growing 0.2% quarter-on-quarter in the first three months of the year, beating a Reuters poll's forecast of a 0.1% expansion. On an annual basis, the economy grew by 0.2%.
