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Asia mixed, Hong Kong pulls back



Asian stocks were mixed on Wednesday, with Hong Kong shares retreating from a five-month high set in the previous session.

Japan’s Nikkei 225 index regained 74.68 points, or 0.5%, to 15,069.48

The Hang Seng Index in Hong Kong dumped 58.45 points, or 0.3%, to 23,257.29

Sydney stocks also dropped, while the Australian dollar moved higher to 93.99 U.S. cents from 93.73 U.S. cents on Wednesday.

Among market movers, Macau casino operator Sands China jumped 3.6% and rival MGM China Holdings climbed 3.4%. Chinese online major Tencent Holdings advanced 2.6%, while China’s largest mobile carrier China Mobile lost 2.1%.

Also, developer Poly Property Group declined 1.5%, and European banking giant HSBC Holdings fell 1%.

In Japan, top gainers included semiconductor company Renesas Electronics Corp. which gained 3.5%. Chip maker Toshiba Corp. rose 1.8%, and electronics conglomerate Hitachi added 1.7%.

In other markets;

The Shanghai CSI 300 slid 0.50 points, or 1.3%, to 2,161.27

In Korea, the Kospi index eked up 2.87 points, or 0.1%, to 2,014.67

Singapore’s Straits Times Index lost 3.78 points, or 0.1%, to 3,290.04

In Taiwan, the Taiex index added 7.43 points, or 0.1%, to 9,229.80

In New Zealand, the NZX 50 ditched 0.25 points to 5,179.15

The Australian S&P/ASX 200 index stepped back 15.66 points, or 0.3%, to 5,453.99