Asia Markets

Japanese, Hong Kong shares slump Tuesday

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Asia-Pacific stocks mostly decreased Tuesday, May 23.

Hong Kong stocks weakened, with the Hang Seng Index HSI, -0.90% down 1.3% at 19,431.25, while Japan's Nikkei 225 Index NIK, -0.32% weakened 0.4% to 30,957.77.

The Shanghai Composite Index SHCOMP, -0.71% of Chinese companies declined 1.5% to 3,246.24, while Singapore's FTSE Straits Times Index STI, +0.14% increased 0.2% to 3,218.08. The KOSPI Composite Index 180721, +0.77% of South Korean stocks gained 0.4% to 2,567.55, while the S&P/ASX 200 Benchmark Index XJO, -0.06% of Australian stocks was flat at 7,259.90.

Among the Hang Seng Index constituents, semiconductors company Semiconductor Mfg Intl 981, -1.80% saw the largest drop in Hong Kong, as shares weakened 6.4% on Tuesday.

Shares of aluminum firm China Hongqiao Group 1378, -1.71% and real estate services/transactions company Country Garden Holdings 2007, -4.08% weakened 3.9% and 3.8%, respectively.

Shares of pharmaceuticals company Hansoh Pharmaceutical 3692, -0.62% saw the largest increase in Hong Kong on Tuesday, as shares increased 4.7%.

Shares of renewable energy equipment firm Xinyi Solar Holdings 968, -2.12% and commercial/industrial real estate company Wharf Real Estate Invt 1997, -1.62% rose 2.0% and 1.5%, respectively.

Of the Nikkei 225 Index constituents, passenger cars company Toyota Motor 7203, -0.05% saw the largest decrease Tuesday, as shares weakened 4.8%

Shares of department stores firm J. Front Retailing 3086, -1.44% and steel production company Kobe Steel 5406, +4.62% fell 3.3% and 2.8%, respectively.

Also in Japan, paper mills company Nippon Paper Industries 3863, -0.09% saw the largest increase Tuesday, as shares jumped 15.0%.

Shares of security/privacy software firm Trend Micro 4704, +0.92% and metalworking machinery company Japan Steel Works 5631, +1.14% gained 2.9% and 2.9%, 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.