BANGKOK (AP) — Shares were mixed Wednesday in Asia, with Chinese benchmarks shedding early gains on heavy selling of property and pharmaceutical companies.

U.S. futures were little changed as investors awaited an earnings update from computer chip giant Nvidia , due after trading ends Wednesday in New York. The artificial intelligence bellwether’s quarterly report is expected to help clarify whether markets have been soaring on an overhyped bubble or AI is a technology boom in the making.

Hong Kong’s Hang Seng fell 1.4% to 25,160.23 and the Shanghai Composite index dropped 1.8% to 3,800.35. The Shanghai benchmark has been hitting record highs recently and investors likely were selling to lock in gains.

The Chinese government said industrial profits 1.7% in January-July from a year earli

See Full Page