Asia stocks mixed as investors remain cautious amid uncertainty

Stocks in China were mostly negative on Thursday as investors remained cautious.

The was down by 0.23 percent to close at around 2,645.43 while the Shenzhen composite ended its trading day just below flat at about 1,385.84.

Meanwhile, Hong Kong‘s was higher by 0.4 percent during the final hour of trade.

China‘s markets have been closely watched by investors as a result of the ongoing trade spat between Beijing and Washington, with an anticipated meeting between Presidents and at the from Nov. 30 to Dec. 1.

One analyst told CNBC‘s “Street Signs” on Thursday that he is “not too hopeful” about next week‘s meeting.

“Both sides seem to be incredibly confused,” said Andrew Collier, managing director at Orient Capital Research.

On the U.S. side, Collier said: “In the past couple of weeks you‘ve had a situation where (Larry) Kudlow and (Peter) Navarro, .”

While in China, he added, former top trade negotiator Long Yongtu “made some nasty ” — something that was “kind of startling” given Long‘s former position as a senior official, Collier said.

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