Asia Markets

Hong Kong stocks decline for fourth day as Japanese stocks gain

Referenced Symbols

Stocks in the Asia-Pacific region mostly tumbled Friday, May 12, with shares in Hong Kong declining for the fourth session and the Japanese market showing a second day of increases.

Hong Kong stocks dropped, with the Hang Seng Index HSI, -0.92% down 0.6% at 19,627.24, while the Nikkei 225 Index NIK, -0.32% of Japanese companies increased 0.9% to 29,388.30.

China's Shanghai Composite Index SHCOMP, -0.71% fell 1.1% to 3,272.36, and The FTSE Straits Times Index STI, +0.10% of Singapore stocks fell 0.7% to 3,208.55. South Korea's KOSPI Composite Index 180721, +0.77% weakened 0.6% to 2,475.42, while the S&P/ASX 200 Benchmark Index XJO, -0.06% of Australian stocks added 0.1% to 7,256.70.

Among the Hang Seng Index constituents, etailing company JD.com 9618, -0.86% saw the largest increase Friday, as shares rose 7.3%.

Shares of internet search engines firm Baidu 9888, and e-commerce company Meituan 3690, -2.25% gained 3.0% and 2.6%, respectively.

Shares of aluminum company China Hongqiao Group 1378, -1.54% saw the largest decline in Hong Kong, as shares weakened 6.9% on Friday.

Shares of renewable energy equipment firm Xinyi Solar Holdings 968, -2.12% and property managers company Country Garden Svcs 6098, -1.87% fell 3.3% and 3.2%, respectively.

Among Nikkei 225 Index constituents, steel production company Kobe Steel 5406, +4.53% saw the largest increase Friday, as shares jumped 12.0%.

Shares of real estate services/transactions firm Sumitomo Realty & Devt 8830, +0.12% and brewing company Sapporo Holdings 2501, -2.61% gained 8.1% and 6.7%, respectively.

Also in Japan, personal electronics company Sharp Corp. 6753, saw the largest drop Friday, as shares weakened 8.7%

Shares of computers/consumer electronics firm Casio Computer 6952, -0.68% and security/privacy software company Trend Micro 4704, +0.92% weakened 6.4% and 4.1%, respectively.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.