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HomeMarketHong Kong, Japanese shares slump Monday

Hong Kong, Japanese shares slump Monday

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Stocks in the Asia-Pacific region tumbled Monday, Dec. 12.

Hong Kong stocks weakened, with the Hang Seng Index
HK:HSI
fell 2.2% to 19,463.63, while Japan’s Nikkei 225 Index
JP:NIK
weakened 0.2% to 27,842.33.

The Shanghai Composite Index
CN:SHCOMP
of Chinese companies fell 0.9% to 3,179.04, and Singapore’s FTSE Straits Times Index
SG:STI
dropped 0.2% to 3,240.98. South Korea’s KOSPI Composite Index
KR:180721
declined 0.7% to 2,373.02, while the S&P/ASX 200 Benchmark Index
AU:XJO
of Australian stocks declined 0.4% to 7,180.80.

Among the Hang Seng Index constituents, property managers company Country Garden Svcs
HK:6098
saw the largest decrease in Hong Kong, as shares tumbled 17.0% on Monday.

Shares of optical instruments firm Sunny Optical Technology
HK:2382
and building construction company Longfor Group Holdings
HK:960
plunged 12.6% and 11.0%, respectively.

Shares of pharmaceuticals company CSPC Pharmaceutical Group
HK:1093
saw the largest increase in Hong Kong on Monday, as shares increased 3.0%.

Shares of mobile telecommunications firm China Unicom (HK)
HK:762
and renewable energy equipment company Xinyi Solar Holdings
HK:968
gained 2.6% and 1.3%, respectively.

Among Nikkei 225 Index constituents, e-commerce company Rakuten Group
JP:4755
saw the largest decline Monday, as shares weakened 3.3%

Shares of non-ferrous metals firms Dowa Holdings
JP:5714
Sumitomo Metal Mining
JP:5713
fell 2.4% and 2.2%, respectively.

Also in Japan, diversified holding companies company Kawasaki Heavy Industries
JP:7012
saw the largest increase Monday, as shares increased 3.0%.

Shares of gas utilities firm Tokyo Gas
JP:9531
and basic inorganic chemicals company Tokai Carbon
JP:5301
gained 2.3% and 2.1%, respectively.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Credit: marketwatch.com

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