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China Leads Losses in Asia

Shares in mainland China led losses among Asia Pacific’s major markets on Wednesday in a mixed trading day regionally.

In Japan, the Nikkei 225 scaled back 5.91 points to 23,290.86. The Japanese yen traded at 106.21 per U.S. dollar after seeing an earlier low of 106.55 against the greenback.

In Hong Kong, the Hang Seng poked ahead 5.57 points to 25,491.79.

New Zealand markets finished higher. Trading on the country’s stock exchange was halted earlier on Wednesday following a potential second cyber attack.

Australia markets fell. The Australian dollar changed hands at $0.7201, in a trading week that has seen in mostly trading between $0.716 and $0.72.

CHINA

The CSI 300 doffed 55.82 points, or 1.2%, to 4,706.15.

In corporate developments, Chinese tech giant Alibaba’s affiliate Ant Group on Tuesday filed for a concurrent listing on the Shanghai Stock Exchange’s STAR market — a NASDAQ-style tech board — and the Hong Kong stock exchange. Hong Kong-listed shares of Alibaba rose 4.16% on Wednesday.

Ant Group, which runs the highly popular Alipay mobile payments app in China, has not disclosed details about the pricing of its shares.

In other markets

In Singapore, the Straits Times Index lost 16.95 points, or 0.7%, to 2.542.08.

In Korea, the Kospi edged up 2.59 points, or 0.1%, to 2,369.32.

In Taiwan, the Taiex index jumped 75.04 points, or 0.6%, to 12,833.29.

In New Zealand, the NZX 50 added 38.33 points, or 0.3%, to 12,031.51.

In Australia, the ASX 200 faded 45.03 points, or 0.7%, to 6,116.36