Asian markets were mixed Monday, with chipmakers following international peers sharply lower, as traders weighed the latest events in the Middle East and braced for a slew of corporate earnings reports due out later in the week.
The Nikkei 225 tumbled 1,315 points, or 1.9%, to 68,242.73.
In Hong Kong, the Hang Seng index forged ahead 38.6 points, or 0.2%, to 24,213.72.
Semiconductor names were under pressure ahead of the market open. U.S.-listed shares of SK Hynix lost 8% following the South Korean chipmaker’s NASDAQ debut on Friday, when it soared 13%.
In other markets;
In Shanghai, the CSI index faltered 85.4 points, or 1.8%, to 4,695.38.
In Korea, the Kospi index stumbled 669.01 points, or 9%, to 6,806.93
In Singapore, the Straits Times 50 index nicked higher 1.05 points to 5,470.34
In Taiwan, the Taiex index jumped 25.91 points, or 0.1%, to 45,380.52.
In New Zealand, the NZX 50 docked 62.46 points, or 0.5%, to 13,723.21.
In Australia, the ASX gained 2.47 points to 8,808.51