The Mongolian Horse Super League opened in Xilingol League, north China's Inner Mongolia autonomous region, on Saturday, drawing over 240 competitors and hundreds of Mongolian horses in multiple racing.
"The horse show at the opening ceremony is very thrilling and I'm very excited," said Yang Shuai, a tourist from neighboring province of Hebei.
The two-day event featured five competitions - an endurance race, a relay race, an archery competition, a hada pick-up race, and traditional horse racing.
"I took part in the archery competition and hada pick-up race. I wish myself the best of luck in achieving an excellent result," said Guo Xin, a competitor from Hohhot team.
Mongolian Horse Super League kicks off in north China's Inner Mongolia
Tokyo stocks closed mixed on Friday as the earnings of major companies showed diverse results, with artificial intelligence and semi-conductor stocks slumping while video games firm Nintendo enjoyed a bump amid a recent sales boost.
The benchmark 225-issue Nikkei Stock Average ended down 76.55 points, or 0.12 percent, from Thursday at 65,606.71. The broader Topix index, meanwhile, finished 19.08 points, or 0.47 percent, higher at 4,074.93.
Timothy Pope, an analyst for the China Global Television Network (CGTN), gave his assessment of the day's trading in Tokyo.
"Over in Japan, the markets were mixed today. The Nikkei 225 dragged a bit lower by its AI and chip-related heavyweights. It finished the day down only about 0.1 percent, but it had been down more than 1.5 percent earlier on in the session," he said.
"Two of today's notable stocks, SoftBank and Nintendo, reported earnings yesterday. SoftBank was down 2.5 percent. Its earnings were predictably complicated: profits were better than expected, but still down 18 percent year on year. It reported 1.86 trillion yen in investment gains, but -- this is a crucial one -- no valuation gain from its massive investment in OpenAI. Nintendo shares, meanwhile, were up 5.3 percent after quarterly operating profit jumped by 150 percent. It says thanks there are due to strong demand for software for the Switch and Switch 2 (games consoles), and also a hefty refund from U.S. tariffs," said Pope.
Tokyo stocks end mixed as heavyweights diverge: analyst