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Asia markets mixed as trade jitters linger

Asian markets were mixed on Monday as trade tensions between the U.S. and China remained in focus.

In Japan, the Nikkei 225 gained 66.03 points, or 0.3%, to 22,373.09. The Japanese yen lost its earlier gains but was still up slightly against the U.S. dollar at 111.01

In Hong Kong, the Hang Seng slumped 360.05, or 1.3%, to 26,613.42

Korean markets inched up, with industry heavyweight Samsung Electronics rising 1.3%.

Down Under, equities recovered from its earlier losses to end the trading day largely flat, even though the heavily weighted financials sector closed 0.1% lower. The Australian dollar was largely flat at $0.7104 U.S.

In other markets

In Shanghai, the CSI 300 fell 47.57 points, or 1.5%, to 3,230.07

In Singapore, the Straits Times STI index lost 13.47 points, or 0.4%, to 3,120.92

In Korea, the Kospi index reaffirmed by 7.08 points, or 0.3%, to 2,288.66

In Taiwan, the Taiex index skidded 121.19 points, or 1.1%, to 10,725.80

In New Zealand, the NZX 50 reversed 46.76 points, or 0.5%, to 9,048.63

In Australia, the ASX 200 leaned lower 2.12 points to 6,141.70