Asian stock markets gave an early lead on Monday, with Chinese stocks leading the downtrend amid concern about US-China trade relations and continued weakness of Wall Street tech stocks
fell 2.4% and the Shenzhen Composite with lower capitalization
Hong Kong stocks climbed to regional rivals, rebounding from Friday's global sell-off, despite the early out-of-gate Profits were reduced in a few minutes. The benchmark Hang Seng Index
lost 0.2%, after a 1
fell over 3%, as China Resources Land
1109, + 0.00%
yielded traces of more than 1%.
Index Main HSBC
0005, + 4.30%
fell more than 3% after a net profit increase of 32% in the third quarter. Tencent
fell more than 1% after the benchmark fell to a fresh 17-month low on Friday. Most Chinese automakers recorded in Hong Kong were down sharply with Great Wall Motor
reversed a gain of around 0.6% and fell by 0.2%. Still, some big companies were under pressure with Toyota
decreased by more than 1%. But Honda
7267, + 0.25%
was marginal one day faster than his earnings report.
South Korea's Kospi
fell close to 1%, with Samsung
005930, + 0.98%
an outstanding winner, 1% higher
Australia's ASX 200
XJO, + 1.11%
reached almost 1%, led by the energy and financial sectors. New Zealand's benchmark
NZ50GR, + 0.55%
had risen slightly. Benchmark indices in Taiwan
Y9999, + 0.29%
STI, + 0.37%
also recorded slight increases.
– Barbara Kollmeyer has contributed to this report
Providing important information for the US trading day. Subscribe to MarketWatch's free Need to Know newsletter. Sign up here.