Stocks in Asia-Pacific were mixed in Tuesday trade following an overnight tumble on Wall Street.
In Japan, the Nikkei 225 lost 8.54 points to 23,485.80.
The Japanese yen traded at 104.76 per U.S. dollar after seeing levels around 105 against the greenback yesterday.
In Hong Kong, the Hang Seng index dived 131.59 points, or 0.5%, to 24,787.19.
Shares of Alibaba in Hong Kong gained 0.7%. The moves came after the Chinese technology giant’s affiliate, Ant Group, set the price for its shares on Monday. Ant Group’s upcoming dual initial public offering in Shanghai and Hong Kong is set to be the biggest listing of all time.
Meanwhile, Hong Kong-listed shares of HSBC soared 4.8%. Europe’s largest bank by assets on Tuesday reported a higher than expected third quarter pre-tax profit.
South Korea’s real gross domestic product grew 1.9% in the third quarter as compared to the previous quarter, according to an advance estimate released Tuesday by the Bank of Korea.
The Australian dollar changed hands at $0.7124 after seeing an earlier low of $0.7113.
CHINA
In Shanghai, the CSI 300 gained 8.04 points, or 0.2%, to 4,699.28.
Profits at China’s industrial firms jumped 10.1% year-on-year in September, according to the country’s National Bureau of Statistics.
In other markets
In Korea, the Kospi index let go of 13.07 points, or 0.6%, to 2,330.84.
In Taiwan, the Taiex Index slumped 34.02 points, or 0.3%, to 12,875.01.
In Singapore, the Straits Times Index dipped 10.44 points, or 0.4%, to 2,512.87.
In Australia, the ASX 200 ditched 104.61 points, or 1.7%, to 6,051.02.
