India, Aug. 15 -- Asian stocks ended mostly higher on Friday as investors reacted to mixed economic data from China and Japan and awaited the outcome of the Alaska summit between the U.S. and Russian Presidents.

China's Shanghai Composite Index advanced 0.8 percent to 3,696.77 amid government efforts to boost liquidity in the banking system.

China's central bank on Thursday said that it would conduct 500 billion yuan ($69 billion) of outright reverse repos in an attempt to maintain an appropriately accommodative liquidity environment.

Hong Kong's Hang Seng Index slid 1.0 percent to 25,270.07, dropping for a second straight session as a slew of economic data from China showed a slowdown across the country's economy last month.

Chinese fa...