HONG KONG (AFP) - Asian markets were mixed on Thursday with the mood dampened by reports that Spain was seeking an IMF bailout and as profit-takers moved in after several days of gains. Wall Street gave a weak cue after upbeat industrial production figures were tempered by worse-than-expected housing data. Tokyos Nikkei ended 0.67 percent lower, dropping 67.75 points to 9,999.40 and snapping a five-session rally, while Sydney shed 0.70 percent, or 31.7 points, to 4,527.3. And Shanghai, which returned after a three-day public holiday, ended 0.38 percent lower at 2,560.25. However, Hong Kong rose for a seventh straight session, adding 0.38 percent or 76.25 points to 20,138.40. Spanish business daily El Economista said the International Monetary Fund, the European Union and the US Treasury had drawn up a plan for Spain, including a credit line of between 200 and 250 billion euros. The plan would use money from a special-purpose fund worth up to 500 billion euros put in place last month to help eurozone nations that run into Greek-style debt problems, the newspaper said. The IMF, the European Commission and the Spanish government have denied the report. Spain plunged into its worst recession in decades at the end of 2008 and only returned to tepid growth this year. However, unemployment has soared to more than 20 percent, the highest in the European Union after Latvia. European debt troubles will likely remain as a risk for some time, but we are getting less sensitive to these problems, SK Securities analyst Won Jong-hyuck told Dow Jones Newswires in Seoul. The euro was pressured by the Spanish debt fears ahead of a summit of European Union leaders Thursday. The single currency was at 112.10 yen in Tokyo morning trade from 112.53. The dollar dropped to 91.35 yen from 91.38 while the euro also fell to 1.2276 dollars from 1.2299. The Commerce Department released data Wednesday showing US housing starts and building permits plunged in May, after the expiry of federal tax breaks. The number of new housing construction projects slumped 10 percent to 593,000, the lowest this year, and permits fell 5.9 percent to a one-year low of 574,000. The Federal Reserve reported stronger-than-expected US industrial production data for May while the Labor Department said producer prices dipped for the second consecutive month, easing any immediate inflation concerns. The Dow closed flat.