Stocks in the Asia-Pacific region tumbled Monday, Dec. 12.
Hong Kong stocks weakened, with the Hang Seng Index
fell 2.2% to 19,463.63, while Japan’s Nikkei 225 Index
weakened 0.2% to 27,842.33.
The Shanghai Composite Index
of Chinese companies fell 0.9% to 3,179.04, and Singapore’s FTSE Straits Times Index
dropped 0.2% to 3,240.98. South Korea’s KOSPI Composite Index
declined 0.7% to 2,373.02, while the S&P/ASX 200 Benchmark Index
of Australian stocks declined 0.4% to 7,180.80.
Among the Hang Seng Index constituents, property managers company Country Garden Svcs
saw the largest decrease in Hong Kong, as shares tumbled 17.0% on Monday.
Shares of optical instruments firm Sunny Optical Technology
and building construction company Longfor Group Holdings
plunged 12.6% and 11.0%, respectively.
Shares of pharmaceuticals company CSPC Pharmaceutical Group
saw the largest increase in Hong Kong on Monday, as shares increased 3.0%.
Shares of mobile telecommunications firm China Unicom (HK)
and renewable energy equipment company Xinyi Solar Holdings
gained 2.6% and 1.3%, respectively.
Among Nikkei 225 Index constituents, e-commerce company Rakuten Group
saw the largest decline Monday, as shares weakened 3.3%
Shares of non-ferrous metals firms Dowa Holdings
Sumitomo Metal Mining
fell 2.4% and 2.2%, respectively.
Also in Japan, diversified holding companies company Kawasaki Heavy Industries
saw the largest increase Monday, as shares increased 3.0%.
Shares of gas utilities firm Tokyo Gas
and basic inorganic chemicals company Tokai Carbon
gained 2.3% and 2.1%, respectively.