Asia-Pacific markets set to open mostly higher as investors look toward China trade data

Market Overview - Asia-Pacific markets exhibited mixed trading patterns as investors awaited China's trade data, with expectations of a 3.8% increase in exports for November, reversing the previous month's 1.1% contraction [1] - Japan's Nikkei 225 index decreased by 0.14%, while the Topix index increased by 0.25% [1] - South Korea's Kospi remained flat, and the small-cap Kosdaq rose by 0.45% [1] Economic Data - Japan's economy contracted more than initially estimated, with third-quarter GDP falling at an annualized rate of 2.3%, worse than the median forecast of a 2.0% decline and a preliminary reading of 1.8% [2] - Australia's ASX/S&P 200 index fell by 0.17%, with investors monitoring the upcoming Reserve Bank of Australia meeting [2] Central Bank Insights - The Reserve Bank of Australia is anticipated to maintain its cash rate at 3.60% through 2026, according to a Reuters poll of economists [3] Company Performance - Shares of Moore Threads, a Beijing-based GPU manufacturer, declined over 5% after a significant rise of more than 400% on its Shanghai debut, closing at 600.500 yuan, which is over five times its IPO price of 114.28 yuan [4]