Asian Shares Mixed on Chinese CPI Reading: CNXI, IXUS, and TOPIX Trade Volatility (02-11-2026)

Asian equities opened mixed Monday, February 11, 2026, as investors reacted to China's January consumer price index (CPI) of 0.9% year-on-year, below consensus for a second consecutive month. The reading, part of a broader basket of measures signaling continued low inflationary pressures, prompted bets on accommodative monetary policy and tempered risk sentiment. Supporting data showed a 1.2% year-on-year rise in core CPI (excluding food and energy) and a 4.8% increase in producer price index (PPI), highlighting persistent cost pressures for manufacturers. The Shanghai Composite (SHCI) and Hang Seng (HSI) declined, while the Tokyo Nikkei 225 (TOPIX) edged higher amid cautious optimism over potential rate cuts by the People's Bank of China.